Covid-19 surge will hamper Indonesia’s Q2 GDP growth


JAKARTA: The Finance Ministry has acknowledged that Indonesia’s recent Covid-19 surge will hamper gross domestic product (GDP) growth in the second quarter, a period that was otherwise expected to book record-high growth.

Finance Minister Sri Mulyani Indrawati told reporters the ministry was particularly concerned over the surge on Java, an island that contributes nearly 60% of the country’s GDP but that was also the epicentre of a new outbreak.

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