Hello friends Summarized! Have you watched the friendly match between Indonesia vs Argentina which took place on June 19 2023? The match which was held at the Gelora Bung Karno Stadium (GBK) in Jakarta ended with a score of 0-2 for Argentina’s victory.
Even though Indonesia has to admit Argentina’s superiority, which is one of the best teams in the world, the match still had a positive impact on Indonesia, especially from an economic point of view. According to research results from the Institute for Economic and Social Research (LPEM) Faculty of Business Economics, University of Indonesia (UI), the circulation of money that occurred as a result of the competition reached almost IDR 1 trillion!
Economic Turnover for the Indonesia vs Argentina match
How could that be? Let’s look at the explanation below.
Circulation of Money from Various Sectors
LPEM UI projects that the circulation of money from the Indonesia vs Argentina match of IDR 965 billion involves 185 economic sectors. The sectors that received the highest impact were the provision of food and drink, arts services, entertainment and recreation, as well as broadcasting and film programming services.
This money circulation created an added economic value of Rp. 495 billion, additional household income for workers of Rp. 188 billion, indirect tax revenue for the government of Rp. 28 billion, and created job opportunities for around 5,719 people.
The following table shows details of the circulation of money from several related sectors:
Sector
Money Turnover (Rp billion)
Provision of food and drink
218
Arts, entertainment and recreation services
153
Film broadcasting and programming services
129
Retail trade
75
Land transportation
67
Accommodation services
64
Financial services
44
Professional, scientific and technical services
38
Information and communication services
36
Educational services
32
Source: LPEM UI
Positive Impact on the Image and Indonesian Football Industry
Apart from the economic side, LPEM UI also considers that the Indonesia vs Argentina match has had a positive impact on Indonesia’s image in the eyes of the world. The match shows that Indonesia is capable of holding international sporting events properly and safely.
The match also maintains public enthusiasm for national football, which can support the development of the domestic football industry. With matches like this, it is hoped that more young talents will emerge and excel on the world football scene.
Conclusion
From the explanation above, we can see that the Indonesia vs Argentina match is not just a friendly match, but also has great economic and social benefits for Indonesia. The competition created a circulation of nearly IDR 1 trillion, increasing economic added value, employee income, tax revenue, and employment opportunities.
The match also enhances Indonesia’s image as a good and professional host in organizing international sporting events. The match also raised the enthusiasm of the people to support the Indonesian national team and the national football industry.
Thus the article that we can convey about the economic turnaround of the Indonesia vs Argentina match. Hopefully this article is useful and adds to your insight. If you have questions, suggestions or criticism, please write in the comments column below. Thank you and see you in the next article!
