Hence, BI is striving to encourage the Papuan people to further strengthen their economic potentials in the non-mining sectorsJakarta (ANTARA) - Bank Indonesia (BI) is optimistic that implementation of the XX National Sports Week (PON) in Papua Province can further bolster economic potentials of the region's non-mining sectors of agriculture, fisheries, tourism and creative economy.
"The XX PON in Papua is both a momentum and evidence that in future, the community in Papua can also seek a means of livelihood from the non-mining sectors," Assistant Director of the BI Representative Office in Papua Dwi Putra Indrawan stated during a press conference on PON and Papua's Economic Growth at the Communication and Informatics Ministry's Media Center, Jayapura District, on Tuesday.
Indrawan noted that despite the COVID-19 pandemic, Papua's economy was able to record a growth of 13.14 percent. Nonetheless, the growth was mainly supported by the mining sector.
"Hence, BI is striving to encourage the Papuan people to further strengthen their economic potentials in the non-mining sectors," he remarked.
Related news: West Java bags two gold in Papua PON rowing final
However, implementation of the national sporting event may also raise the region’s inflation rate due to an increasing demand, especially for food.
"Food is the sector that is most sensitive to inflation," the regional BI assistant director noted.
Hence, the BI Representative Office -- which is mandated as the Regional Inflation Management Team (TPID) -- has taken precautionary measures to handle the demand for basic commodities during the implementation of the XX Papua PON.
Indrawan has revealed that the TPID of Papua had adopted several strategies, including ensuring requisite rice supply by the State Logistics Board (Bulog).
"The rice stocks for Papua Province are sufficient for four months," he remarked.
Related news: Governor lauds Papuan roller skating team's gold medal
The team also monitors the availability of chicken meat through the initiation of a chicken farmer cooperatives. In addition, the team will increase the supply of fruits and vegetables.
The TPID also supports efforts to supply essential foods from outside Papua to avoid a spike in prices. Furthermore, the team focuses on simplifying the distribution of food and logistics in Papua.
In fact, the province experienced a 0.21-percent deflation, so far, which is still within the safe deflation range.
Related news: Agriculture Ministry backs Stevia seedling development in N Sulawesi
Related news: PON XX flame emblematizes Papuans' spirit: Mimika District Head
Translator: Dadan Ramdani, Uyu Liman
Editor: Fardah Assegaf
Copyright © ANTARA 2021
