Indonesia president calls to 'reboot' economy amid pandemic

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The government expects Indonesia's economy to post near-flat growth this year. FMTNews

Joko Widodo likens the current economic situation to ‘a computer crash’ causing stagnation.

Widodo made the remarks in his annual state of the union speech to parliament. Due to coronavirus precautions, less than half of the lawmakers were present for his address, with the rest watching online. “We must not let the crisis bring about setbacks. In fact, we must capitalise on the crisis as a momentum to make a big leap,” said Widodo, who was wearing a traditional outfit from the Sabu people in the eastern part of the archipelago.

Widodo said accelerating reform of the health sector was a top priority, along with strengthening food supply chains, including with a newly planned food estate on Borneo island.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Covid-19 plunges world economy into record slump | New Straits TimesNSTworld Europe's top economy was hit less hard by the coronavirus than its neighbours, but still saw its GDP fall by 10.1 per cent in the second quarter. Economy Finance Covid19 Coronavirus
Source: NST_Online - 🏆 17. / 53 Read more »