Debt that Becomes a Drag on Growth

Yopie Hidayat

Contributor

Tempo

April 26, 2021

IT is only the end of the first quarter. But, it would be better for investors to review 2021 growth projection for Indonesia sooner rather than later. Many institutions have taken more realistic approaches, lowering their expectations. It seems that Indonesia’s economic recovery won’t be moving as quickly as previously estimated.

In early April, the International Monetary Fund (IMF) has cut back its estimate for Indonesian economic

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