Jakarta Prepares to Step into the ‘New Normal’

As the lifeline of Indonesia’s financial and economic sector, there is mounting pressure for Jakarta to prop up its economy particularly among stakeholders in the business community.

Standing idly by has no longer become an option as a growing number of business players find limited solutions to survive the pandemic other than to conduct layoffs or permanently close.

How the Jakarta administration enforces public health and safety guidelines and how the capital city can restart the economy in the new normal are important tests to build up investor confidence and that of its society.

The pressure is on for Southeast Asia’s biggest economy to rebound given the risk that unemployment can have on poverty and socioeconomic outcomes.

The obstacles for Jakarta are aplenty although how effective the government will be transitioning into the new normal is something many will be keeping an eye out for. (Author: Rindi Nuris Velarosdela | Editor: Jessi Carina)

Source: https://megapolitan.kompas.com/read/2020/06/05/08120931/yang-sudah-boleh-beroperasi-selama-psbb-transisi-jakarta-dari-mal-hingga