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Jakarta, CNN Indonesia –
Fiscal policy agency (BKF) The Ministry of Finance indicated that Indonesia was stepping off a cliff recession in the third quarter or until September 2020. Because, economic growth in that period it is projected to be minus 2.9 percent – 1 percent.
“We expect the third quarter of 2020 to be around minus 2.9 percent-minus 1 percent. That means it’s already a recession,” said the head of the Fiscal Policy Agency (BKF) Febrio Kacaribu in a discussion. virtual on Peel Tuntas Ekonomi and APBN, “on Friday (9/25).
Expect the economy in the fourth quarter of 2020 to improve. Still, the economy through 2020 is projected to be minus 0.6 percent minus 1.7 percent.
“Since the first quarter, the second quarter, the third quarter there has been an economic slowdown. Is the hope that the fourth quarter will improve or not? This is the focus for the future. If there has been a recession this year,” Febrio said .
The coordinating Minister of Economy, Airlangga Hartarto, projects that the economy in the third quarter of 2020 will be minus 3% minus 1%. The figure is a bit more pessimistic than that of the Ministry of Finance.
“The Covid-19 pandemic has contracted economic growth, in the second quarter of 2020 it contracted by 5.32 percent and it is estimated that the third quarter of 2020 will be minus 3 percent minus 1 percent,” Airlangga said.
He explained that one of the most affected was tourism. From tourism, other sectors have also been affected, such as accommodation, transport and retail.
“Of course, this has affected the sector that provides revenue to the government of around US $ 15 billion, this is a source of foreign exchange,” Airlangga said.
Airlangga added that Bali and the Riau Islands were the worst affected tourist areas.
He gave an example of the number of tourists who generally come to the Riau Islands up to 3 million people with an occupancy rate of 70 percent during the week and 90 percent during the weekends.
“Yesterday almost 9 months most of the hotels were closed,” concluded Airlangga.
[Gambas:Video CNN](Au / BIR)
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