Questions for the 2021 Draft Budget - Economy - magz.tempo.co

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Questions for the 2021 Draft Budget

Monday, August 24, 2020

The government projected a reversal in economic conditions, from the current negative state to a rise of between 4.5 to 5 percent in 2021. Formidable challenges will be faced in recovering public consumption, investment, and realizing state expenditure.

Sales promotions during the commemmoration of Indonesia’s 75th independence day at a shoe outlet in Pasar Baru, Jakarta, August 13./ Tempo/Tony Hartawan. tempo : 173054320669.

RETAILERS offered huge discounts as Indonesia celebrated its 75th independence anniversary. The Association of Shopping Mall Tenants, for example, organized Indonesian Discount Shopping Days for two weeks between August 14 and 30. It offered deals related to ‘75’, from 75 percent price slashing to a Rp75,000 discount. There were also ‘buy-one-get-one-free’ offers for culinary, fashion, and beauty products.

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