BPS: The stretching of the election has had a positive impact on the growth of Bengkulu's GRDP

The start of stretching the activities of political parties in preparation for the 2024 Election, such as holding coordination meetings and printing banners and banners to recruit prospective legislative candidates, apparently also had an impact on the growth rate of Bengkulu’s GRDP

Bengkulu (Armfalcon.com) – The Central Statistics Agency (BPS) released that the 2024 election campaign had a positive impact on the growth rate of Bengkulu Province’s gross regional domestic product (GDP) in the first quarter of 2023.

“The start of stretching the activities of political parties in preparation for the 2024 election, such as holding coordination meetings and printing banners and banners to recruit prospective legislative candidates, has in fact contributed to the growth rate of Bengkulu’s GRDP,” said Bengkulu Province BPS Associate Statistician Teuku Fahrulriza, in Bengkulu, Friday.

Also read: BPS says Bengkulu’s GRDP growth rate has started to stabilize after the pandemic

According to him, spending or the consumption sector from political parties is included in the component of non-profit institutions that serve households (LNPRT). LNPRT is one of the components driving GRDP from the expenditure group.

“The economy of Bengkulu Province in the first quarter of 2023 compared to the first quarter of 2022 (yoy) grew by 4.07 percent. The highest growth occurred in the LNPRT component of 9.12 percent. Below that, it was followed by the household consumption component (K-RT) of 5. 15 percent,” he said.

Indeed, according to him, when viewed from the share, the agricultural component, needs and fisheries as well as the household consumption component are still the biggest contributors to the growth rate of Bengkulu’s GRDP.

Agriculture, forestry and fisheries are the largest sources of growth in the first quarter of 2023 from the production group, namely 1.36 percent of Bengkulu’s 4.07 percent GRDP growth in the first quarter of 2023.

The household consumption component is the biggest source of growth for Bengkulu GRDP from the expenditure group, namely 3.30 percent of the 4.07 percent growth in the first quarter of 2023.

“In terms of the composition of the two components which are the largest, the LNPRT component does not contribute that much to Bengkulu’s GRDP, but in the first quarter of 2023 the highest growth was shown by the LNPRT component of 9.12 percent,” he said again.

source: www.antaranews.com

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