JAKARTA (Reuters) – Indonesia will likely see 2 successive quarters of negative development in gross domestic product starting from April-June, but authorities are working to avoid a “deep recession”, a central bank authorities said on Thursday.
” We’re racing with time on establishing policies … to avoid us falling under a deep economic crisis,” Juda Agung, an assistant to the guv of Bank Indonesia, told a online workshop.
Reporting by Maikel Jefriando; Composing by Gayatri Suroyo; Editing by Alex Richardson
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