Today, market players are watching the increase in Indonesia's economic growth projection to 4.9% from the previous 4% for 2021 provided by the Organization for Economic Co-operation and Development (OECD), in line with the distribution of vaccines is a trigger for improving the health system.

In its daily research, Pilarmas Sekuritas said that the vaccination program is likely to increase people's purchasing power, which was previously weak due to the pandemic.

"The recovery of people's purchasing power currently depends on people's purchasing power and business expansion, which is marked by an increase in the capital expenditure budget," Pilarmas said on Monday (22/3).

The increase in capital spending, according to Pilarmas, is an early indication of economic recovery. Another factor supporting the increase in projected growth is using the Job Creation Law to strengthen the business environment.

"This regulation can give a signal to both domestic and foreign investors that Indonesia is a promising location for doing business," said Pilarmas.

The OECD recommends that Indonesia promote vocational education and lifelong training to upgrade skills and the workforce.