Indonesia’s GDP growth to contract 1.5 percent in 2020: IMF
… increase inequality, as the IMF expects nearly 90 million people to fall into poverty this year, according to IMF economic counsellor Gita Gopinath.
Indonesia
Poverty rate in Indonesia rises due to COVID-19
Jakarta (VNA) – Indonesia saw the poverty rate rise to 9.78 percent in March from 9.22 percent last September, with 26.42 million people living below …
WB warns of 2 percent contraction in Indonesia’s economy in 2020
Sanders said that under this scenario where the economy would actually contract, poverty would increase quite significantly, especially if there is no …
Indonesians act to feed poor as lockdown hits daily wage earners
Millions of Indonesians have been thrown into poverty in recent months and are struggling to make ends meet in a country that has recorded more …
Indonesia’s ‘rice ATMs’ provide staple amid corona crunch
… informal sector, Finance Minister Sri Mulyani Indrawati told parliament last week the coronavirus had set efforts to eradicate poverty back a decade.
Millions of Indonesians likely to fall into poverty, unemployment
Millions of Indonesians may fall into poverty and unemployment as the COVID-19 pandemic batters the Indonesian economy, according to Indonesia’s …
Millions to lose jobs, fall into poverty as Indonesia braces for recession
The Jakarta Post/ANN – The government estimates that up to 3.78 million Indonesians will fall into poverty and 5.2 million lose their jobs during the …
Poverty a Top Concern, Indonesia Tries to Go Soft on its COVID-19 Lockdown
Officials must mind their country’s poverty rate of nearly 10 percent, analysts said, since business closures hurt incomes. Yet to ignore the deadly virus …
Indonesia announces Rp 405 trillion COVID-19 budget, anticipates 5% deficit in historic move
The financial shock of the pandemic will have a serious impact on poverty, defined as a situation where an individual earns less than $5.5 a day, the …
Indonesia aims to be free from extreme poverty by 2024
Indonesia’s President Joko Widodo has set a national target to reduce the country’s extreme poverty to zero percent by 2024. VNA Sunday, March 08, …
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