Economic growth must be supported by investment: ADB

Economic growth must be supported by investment: ADB
4th March 2021
Patimban Port, Subang of West Java. ANTARA/HO-Kemenko Kemaritiman dan Investasi/am.
Jakarta (ANTARA) - Asian Development Bank (ADB) Vice President Bambang Susantono highlighted that economic growth during the pandemic not only relied on consumption and support from government spending but also on investment support to enable economic recovery.
At a webinar titled “Great Reset and Future Prospects” here on Wednesday, Susantono stated that the country must be able to survive and emerge from economic recession during the pandemic by driving economic growth through investment.
However, the ADB vice president reminded that in order to draw investment, every country must compete, so that investors are willing to invest.

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