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World Bank Group (via Public) / Indonesia: Rapid Mass Vaccination, Effective Pandemic Control and Strong Fiscal and Monetary Support are Critical to Boost the Economic Recovery.

Indonesia: Support for Public Health and Affected Households for a Secure Recovery


Modern Diplomacy
Published 3 months ago
Indonesia will finish 2020 experiencing its first recession in two decades, but signs of recovery are increasing, driven by a pick-up in consumption and a significant increase in public spending, according to the World Bank’s latest Indonesia Economic Prospects report,
The economy is expected to contract by 2.2 percent this year, revised downward from a projected contraction of 1.6 percent in September, due to persistent mobility restrictions and social distancing amid rising COVID-19 cases. However, growth is expected to rebound in 2021, with the economy expanding by 4.4 percent if mobility restrictions are gradually eased and the wide availability of an effective and safe vaccine helps improve consumer and business confidence. ....

East Timor , Satu Kahkonen , World Bank Country , World Bank , Indonesia Economic Prospects , World Bank Country Director , கிழக்கு டைமர் , உலகம் வங்கி நாடு , உலகம் வங்கி , இந்தோனேசியா பொருளாதார ப்ராஸ்பெக்ட்ஸ் , உலகம் வங்கி நாடு இயக்குனர் ,

Indonesia: Support for Public Health and Affected Households and Firms Critical for a Secure and Fast Recovery