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A Heavy Blow at the Start of the Year

Monday, April 14, 2025

Indonesia’s economy is overshadowed by internal and external pressures. The government’s fiscal management appears increasingly disordered.

arsip tempo : 174530591316.

A screen displays the movement of the Indonesia Stock Exchange Composite (IHSG) which dropped by 9.19% or 598.55 points to 5,912.06 on the first trading day after the Eid al-Fitr holiday at the Indonesia Stock Exchange (IDX), Jakarta, April 8, 2025. The IDX temporarily halted trading for 30 minutes due to a drop of more than 8%. Tempo/M Taufan Rengganis. tempo : 174530591316.

THE Idul Fitri (end of fasting month celebration) holiday leave period for was not yet over. But on Monday, April 7, 2025, dozens of people packed the office of the Coordinating Ministry for the Economy. Among them were national business leaders, ministers, deputy ministers, and representatives of the United States Chamber of Commerce. They were gathered for a meeting with Coordinating Minister for the Economy Airlangga Hartarto. From mornin

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