Liability of State Owned Holding Company in facing the Impact of Covid-19 Pandemic Yessi Serena Rangkuti, Bismar Nasution, Hikmahanto Juwana, Mahmul Siregar
Universitas Sumatera Utara
Abstract
Covid-19 is declared as World Pandemic by WHO and non-natural disaster by Indonesia. Indonesia has reached 333.000 covid-19 cases per 11 October 2020. The increasing number of covid-19 cases is resulting in exhaustion of patient shelters. With no vaccine and medicine, physical distancing is the most effective method to prevent the cases from increasing. Physical distancing is resulting in economic aftermath. Handling the impact of covid-19 is implemented under Presidential Decree number 11 and 12 of 2020. State Owned Holding Company (SOHC) established to manifest the command of Article 33 Indonesian Constitution has moral obligation to handle covid-19 impact. Various attempts are made in respond to people suffering because of the pandemic. Normative legal research is used by collecting literatures, regulations, and updated news online and printed to answer how SOHC assists in handling the covid-19 impact. The research shows that SOHC maintains the health, social safety and purchasing power or anything related to business. Each sector of SOHC is functioned as Public Service Obligation (PSO) in handling the covid-19 impact. Indonesia must create decent legal construction in SOHC looking at the attempts made to manifest Article 33 command in handling the impact of covid-19.
