The most recent published outlooks for global economic growth and global trade are more pessimistic than their earlier versions, with the main reason being that there is no quick solution to the coronavirus (COVID-19) crisis. On the contrary, there is a high degree of uncertainty about when business can resume as usual. And, the closer we get to 2021, the less rosy outlooks are becoming for next year.
Update COVID-19 in Indonesia: 70,736 confirmed infections, 3,417 deaths (9 July 2020)
6 July 2020 (closed)
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Bagian Kolom Berita ini berisi artikel dengan analisis mendalam mengenai topik yang memiliki nilai berita tinggi di Indonesia dan dapat dianggap sebagai topik-topik yang mampu mempengaruhi iklim investasi di Indonesia. Sebagian besar berita yang diterbitkan di sini mencakup pokok permasalahan politik, ekonomi atau sosial. Dengan mengikuti artikel di bagian ini, Anda akan diberitahu mengenai apa yang terjadi di Indonesia dan - tidak kalah pentingnya - memahami mengapa hal itu terjadi.
The novel coronavirus (COVID-19) crisis has a wide range of economic and social consequences. For example, the Indonesian economy is likely to contract this year (for the first time since 1998), while millions of Indonesians have lost their jobs over the past three months, and the majority of the country’s enterprises have seen their sales plunge.
On 5 May 2020 Statistics Indonesia (Badan Pusat Statistik, BPS), a non-departmental government agency, released the first quarter gross domestic product (GDP) data of Indonesia for the year 2020. These data were highly anticipated as policymakers, analysts, and stakeholders are particularly interested in finding out to what extent damage has been done to the Indonesian economy by the self-imposed restrictions.
Poverty and inequality are always sensitive topics, especially in an emerging market like Indonesia where poverty and inequality (in terms of income distribution) have always been a big problem. It is something that puzzles Indonesians too. We often hear Indonesians say “our country is so rich in natural resources, so how can it be that we have so much poverty within our borders?”