JAKARTA (The Jakarta Post/ANN): The Indonesian government has outlined a worst-case scenario where the domestic economy could contract by 0.4 per cent as the Covid-19 pandemic arrests swaths of economic activity and poses recessionary risks to Southeast Asia’s largest economy.
Finance Minister Sri Mulyani Indrawati said the baseline scenario was for economic growth to sit at 2.3 per cent this year as trade contracted and consumption and investment growth slowed.
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