18 Dec 2020
The Indonesian authorities have used nearly every trick in their fiscal and monetary policy playbook to kick-start an economy hit hard by the coronavirus pandemic. The results are slowly showing, but there is an uphill battle ahead, writes Rashmi Kumar.
If one wants to find a case study for a proactive response from government bodies to the coronavirus crisis this year, they need look no further than Indonesia.
Soon after the country reported its first confirmed case on March 2, 2020, the government quickly announced a host of measures to contain the pandemic, including banning domestic and international travel and large public events, and closing schools.