Almost all countries are currently experiencing an economic crisis due to a pandemic corona, so vaccines should be found soon.
If the pandemic corona lasts for a long time, what is scary can be an increase in poverty. Because before the pandemic corona
finding work is difficult, now with the Corona virus there is more unemployment. Because who already got it any job must lose its job,
because it is required to stay at home.
In Indonesia itself, the issue arose that the loan to deposit ratio had reached 95%. This means that customer or third party funds are not held by banks or have been channeled and with economic conditions due to the epidemic and the easing of credit payments from the government certainly causes high non-performing loan figures. This means that bank cash flow is not healthy and this will be a further threat to the Indonesian economy.
The corona pandemic which slowed and even shut down the economy was followed by a large-scale termination of employment relations and it was feared that a crisis would emerge in the banking world. In many countries the Bank is the pulse of the economy, suddenly the blood runs out then the economy will experience depression.
Production and distribution of the covid-19 vaccine is considered as a game-changer in containing covid-19 with all its uncertainties. Hopefully, the vaccine will be found soon so that we can start to the next phase, after the pandemic effect formula.
