“Hopefully, this can attract foreign investors to establish their factories in Indonesia,” he said.
President Jokowi has projected that the economy will likely contract by three percent in the third quarter after it shrank by 5.32 percent in the second quarter of 2020.
“In the next few days, BPS will announce the country’s economic growth. We estimate that the economy will likely contract by three percent, a slight increase [from the second quarter],” he said.
Based on this forecast, Indonesia’s economic growth shows a positive trend.
“The trend is improving, it is a positive trend. This should be emphasized later during the announcement by BPS,” said Jokowi.
“Indeed, this is still much better compared to other countries.”
(Writer: Rakhmat Nur Hakim | Editor: Kristian Erdianto)
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