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Indonesia's economic growth in 2020 above average : expert staff 7th February 2021 Passerby on Sudirman Avenue, Jakarta. (ANTARA FOTO/Aprillio Akbar/foc/pri.) Jakarta (ANTARA) - Indonesia's economic growth in 2020, which contracted by 2.07 percent (yoy), was above the global average, according to Kunta Wibawa Dasa Nugraha, expert staff in charge of state expenditure affairs of the Ministry of Finance. "Although it's a minus, but the world level was minus 3.5 percent, it means we are much better than the world average. There were even countries with a minus far above 3.5 perce...

Economic recovery trend to continue in 2021: finance ministry 5th February 2021 Illustration - The Tanjung Priok Port in North Jakarta. (ANTARA FOTO/Dhemas Reviyanto/foc) (ANTARA FOTO/Dhemas Reviyanto/Dhemas Reviyanto) This is the highest level in the past six years. Public confidence has also continued its positive trend. Jakarta (ANTARA) - The Finance Ministry has forecast that the positive trend in economic recovery seen in the fourth quarter of 2020 will continue this year as several indicators have begun to show an improvement. The national economy contracted 2.19 percent in the ...

Indonesia's economy shows signs of recovery: Arif Budimanta 5th February 2021 Presidential expert staff in economic affairs Arif Budimanta. ANTARA/Anita Dewi/aa/sh Jakarta (ANTARA) - Indonesia's economy that shrank 2.19 percent year-on-year (yoy) in the fourth quarter of 2020 has indicated slowing contraction and signs of recovery, the presidential expert staff in economic affairs Arif Budimanta stated. "Indonesia’s economy contracted 2.19 percent (yoy) as expected in the fourth quarter of 2020, and it showed signs of recovery as compared to (the growth) in the third quarter...