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Monday, 14 September 2020 19:24

Presaiden Joko Widodo On Economic Recovery: We Still Have Time

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President Joko Widodo. President Joko Widodo. Presidential Secretariat YouTube.

The government is currently working to increase people's purchasing power amid the Covid-19 pandemic, especially in the face of the threat of an economic recession in the third quarter of 2020.

President Joko Widodo said that his side still has time for positive economic growth and Indonesia to avoid the recession.

He said in a virtual report on COVID-19 on Monday that finally, Indonesian national economic recovery still has time until the end of September to increase purchasing power and others.

He also emphasized that programs that had been prepared by the government for economic recovery could be implemented as quickly as possible to prevent economic growth in the third quarter from contracting again. He has asked to accelerate the cash incentive program.

In the second quarter, Indonesia's economic growth contracted to minus 5.32. If in the third quarter there has been no change and the economy is still in minus, Indonesia might experience a recession. (RRI)

Read 486 times Last modified on Thursday, 17 September 2020 14:09