#Indonesia’s economic growth is expected to rebound this year after it fell in 2020 into its first recession since the 1998 Asian financial crisis, but the coronavirus pandemic will continue to dampen economic activities, according to the reports of several international organizations.
According to the latest economic outlook from #OxfordEconomics commissioned by the Institute of Chartered Accountants in England and Wales (ICAEW), the country’s gross domestic product (#GDP) is forecast to shrink 2.2 percent in 2020 and rebound to 6.0 percent growth in 2021, driven by increases in consumer and infrastructure spending.
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According to the latest economic outlook from #OxfordEconomics commissioned by the Institute of Chartered Accountants in England and Wales (ICAEW), the country’s gross domestic product (#GDP) is forecast to shrink 2.2 percent in 2020 and rebound to 6.0 percent growth in 2021, driven by increases in consumer and infrastructure spending.
Access @jakpostimages article via our Twitter post.
#StaySafe #StayHealthy
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