JAKARTA: Due to new coronavirus limits implemented to reduce days of record illnesses, Indonesia’s GDP prediction for 2021 has been cut down to 3.7 percent to 4.5 percent, according to Chief Economic Minister Airlangga Hartarto. The country had previously forecasted GDP growth of 4.5 to 5.3 percent. For the first time in over two decades, Indonesia’s GDP shrank last year.
(Tabita Diela and Stanley Widianto contributed reporting; Martin Petty edited the piece.)
Reuters is the source of this information./nRead More