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Today's Headlines Emergency COVID-19 Measures Indonesia
Those who have been following the international news should be aware that there are growing signs that the existing COVID-19 vaccines are not enough to combat the COVID-19 pandemic. In Singapore, vaccinated individuals now account for about 75 percent of the city state's COVID-19 infections.
While in May 2021 Indonesian inflation accelerated more than we had predicted, in June 2021 we saw the opposite: inflation eased much more than we had anticipated. In fact, Indonesia experienced deflation.
Lockdowns and restrictions imposed by governments around the globe in an effort to curb the further spread of COVID-19 in society as well as people’s fear to contract COVID-19 resulted in an unprecedented decline in consumption, production, trade, tourism and investment, particularly in the second quarter of 2020.
On Monday (5.07.2021) Indonesia Investments released its latest report - the June 2021 edition titled 'COVID-19 Crisis Intensifies; Second Wave Resembles Tsunami'. In the report we analyze the huge surge in new confirmed COVID-19 cases that occurred in Indonesia in recent weeks and the emergency measures (PPKM Darurat) that have been imposed by the government.
Latest Columns Emergency COVID-19 Measures Indonesia
It feels as if the world is, again, at a turning point. While there is a wide range of data that indicate improving economic conditions (both in Indonesia and the world as a whole), there also emerged room for concern.
On 1 July 2021 Indonesian President Joko Widodo announced emergency measures (in Indonesian: Pemberlakukan Pembatasan Kegiatan Masyarakat Darurat, or PPKM Darurat, which roughly translates to the Enforcement of Restrictions on Activities in Society) in a renewed effort to combat the COVID-19 pandemic.
Right at the very start of July 2021, Indonesian President Joko Widodo announced ‘emergency measures’ (in Indonesian called Pemberlakukan Pembatasan Kegiatan Masyarakat Darurat, or PPKM Darurat, which roughly translates to the Enforcement of Restrictions on Activities in Society) in a renewed effort to combat the COVID-19 pandemic in Indonesia.
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