COVID-19 Management Crucial amid Recession
Although Indonesia’s economic performance improved in the third quarter from the second quarter, the improvement was still inadequate compared to other countries.
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Residents crowd the Gebrak Market on the edge of the Pesanggrahan River, Pesanggrahan, South Jakarta, Sunday (8/11/2020). The public\'s concern for implementing Covid-19 preventive health protocols is getting less every day.
JAKARTA, KOMPAS– Economic recovery in the midst of the COVID-19 pandemic is still a work in progress. Although Indonesia’s economic performance improved in the third quarter from the second quarter, the improvement was still inadequate compared to other countries.
The government should be more realistic and prepare a better strategy to balance the economy and public health. According to data from Statistics Indonesia (BPS), the Indonesian economy contracted by 3.49 percent year-on-year (yoy) in the third quarter. Quarter-on-quarter, however, the economy grew by 5.05 percent. In the second quarter, it contracted by 5.32 percent yoy.