“Labor absorption will decline, poverty will persist, and inequality will increase. Poorer households will likely lose their income and be forced to let go of their productive assets,” said Matto.
In 2022 and 2023, the World Bank said that Indonesian economic growth was projected to increase to 5.2 percent and 5.1 percent, respectively.
(Writer: Fika Nurul Ulya | Editor: Yoga Sukmana)
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