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IMF: Indonesian Debt Safety Allows No Complacency
At the same time, the mobility restrictions that cause economic disruption have made people lose their income and companies experience a decline in profits.
Since the onset of the Covid-19 pandemic, millions of people have died of Covid-19 in various parts of the world. However, this pandemic constitutes not only a tragedy of humanity, but also an economic tragedy.
Many countries have adopted mobility restriction policies to prevent virus transmission. Nevertheless, such policies are like a double-edged sword that also hampers economic activities, deprives many people of their livelihood, and causes the business sector to face uncertainty over when the economy and demand can return to their pre-pandemic vigor.