2020Economic Update ReportsIndonesia Update Reports

Indonesia’s economy suffers sharp downturn in Q2 due to COVID-19

By 12 August, 2020May 13th, 2023No Comments

Indonesia Q2

In 2020 Q2, Indonesia witnessed its biggest economic contraction since the Asian financial crisis in 1998. Even though the COVID-19 situation is improving, it has left millions out of work and forcing businesses into bankruptcy, hitting the economy hard.
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