Indonesia warned of risks of withdrawing economic stimulus too quickly


JAKARTA (Reuters) - Indonesia needs to keep stimulus in place longer to underpin a recovery in its pandemic-hit economy, a former finance minister and analysts said, ahead of what some expect to be the central bank's last interest rate cut of the current cycle.

Southeast Asia's biggest economy posted its first full-year contraction since 1998 last year, with gross domestic product (GDP) dropping 2.07% as consumption and investment slumped.

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Indonesia , stimulus , Covid-19

   

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