Quo Vadis Indonesian Economy Post Covid-19CNN Indonesia

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Turino, Harris and Santoso, Adhi Setyo (2020) Quo Vadis Indonesian Economy Post Covid-19CNN Indonesia. JAAF (Journal of Applied Accounting and Finance), 4 (2). pp. 110-113. ISSN ISSN 2615-8051

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Abstract

CNN Indonesia, on 24 July 2020, reported that "BI predicted Indonesia to enter recession gap in the third quarter of 2020". Several online media immediately grabbed with the more bombastic article entitled, "Indonesia's economy is on the brink destruction." In the 2/2020 quarter, the conditions got worse. Singapore is a country the earliest reported 2/2020 quarter growth of - 41.2%, lowest throughout the history of the country's founding. Its annual growth becomes- 12.6% (yoy). Singapore's economy, which is supported by international trade and infrastructure, is under severe pressure. Malaysia hasn't reported its economic growth but is forecast to experience contraction amounted to 9.7%. Indonesia itself is also predicted to enter negative growth in 2/2020 quarter of - 3.8%. The question is whether the Indonesian economy is so bad? Indonesia's economic quo Vadis?

Item Type: Article
Subjects: H Social Sciences > HJ Public Finance
Divisions: Research And Community Empowerment > Journals
Depositing User: nadhia putri dennysyah
Date Deposited: 03 Mar 2021 09:09
Last Modified: 21 Dec 2021 08:00
URI: http://repository.ipmi.ac.id/id/eprint/1135

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