Not Quite a 1998 Deja vu

Yopie Hidayat (Contributor)

Tempo

June 23, 2020

THE government has finally found the courage to say the bitter truth about Indonesia’s economic condition. Latest projections show growth figures that are much worse than initial forecasts. Instead of growing, in the second quarter of 2020 ending this June, the government has projected that Indonesia’s economy will contract by 3.8 percent.

The situation due to the Covid-19 pandemic is indeed dire. However, it is an exaggeration to sa

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June 23, 2020

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