VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Indonesia's economic growth in the first quarter (Q1) at 2.97 percent year-on-year (yoy) is still relatively good as compared to several countries whose economies contracted, thereby recording negative growth// As quoted by Antara News Agency /  President Joko Widodo  while chairing a plenary cabinet meeting held through a videoconference from the Merdeka Palace  on Wednesday stated that  the economic growth was moving at a positive level, while several developed countries experienced a contraction in the gross domestic product (GDP), for instance, China’s 6.8 percent contraction// the president pointed out that let the government  see the contraction and negative growth of several countries// China fell from plus six percent to minus 6.8 percent, thereby translating to a slump of 12.8 percentage points in sequential year-on-year growth; France, 6.25 percent, minus; Hong Kong, 5.9 percent; and Italy, 4.95 percent, recorded negative growth//Ant