Good News For Textile, Furniture And Footwear Industry! The Government Will Give Relaxation To Face Recession 2023

Illustration. (Photo: Doc. Antara)

Minister of Industry Agus Gumiwang Kartasasmita said the government plans to provide a number of assistance or relaxation to companies, especially in the textile, furniture and footwear industry, by 2023.

This is done to anticipate the adverse effects of the global recession that is predicted to occur next year.

"In principle, we prevent termination of employment (PHK). Some of yesterday's meetings have received approval, we are just preparing a draft policy," Agus said at the Ministry of Industry Building (Kemenperin), Jakarta, on Tuesday, December 27.

Agus said that his party had submitted several proposals to help the textile, furniture, and footwear industry, such as the proposed limited ban (laltas) on imports and policies from border posts to borderers.

The Ministry of Industry also proposes to provide relaxation in regulating work hours obligations.

"So far, right, the industry has to pay a minimum of 40 hours. Well, we ask that it be relaxed at least until normal conditions," said Agus.

Furthermore, Agus said, his party suggested expanding the export market. One of the strategies prepared is to encourage trade agreements with the European Union (EU).

"This is expected to make export products from Indonesia competitive with Vietnamese products that are not subject to import rates in Europe," he said.

In principle, the Ministry of Industry seeks to prevent layoffs in the midst of the threat of a recession next year.