Jakarta Seeks ‘Cure’ for Economy
Jakarta\'s monthly exports declined in April 2020 compared to exports in March, due to severe economic impacts from the implementation of the large social restrictions (PSBB) to stop the spread of COVID-19.
Jakarta\'s monthly exports declined in April 2020 compared to exports in March, due to severe economic impacts from the implementation of the large social restrictions (PSBB) to stop the spread of COVID-19. In contrast, the capital city’s imports increased in April from the previous month.
A number of business associations have thus asked the government to reopen the economy gradually. In turn, they have promised to implement strict health protocols in their business operations during the “new normal” phase to avoid further financial losses.