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Jakarta, CNBC Indonesia – Indonesia’s economy in the third quarter of 2020 will almost certainly grow less, as stated by Finance Minister Sri Mulyani. In other words, the recession is real and is happening right now. This prediction was also relayed by the Vice Chairman of the DKI Jakarta Kadin Advisory Board, Sarman Simanjorang.
“If we see, the point is, for example, that in the third quarter we will definitely contract, so it is almost certain that it will be less,” he said when speaking with CNBC Indonesia, quoted on Sunday (9/27/20).
Despite the recession, businessmen remain optimistic that there will be a chance for a revival in the fourth quarter. It’s just that there are terms and conditions that apply to achieve this awakening. Sarman emphasized that for entrepreneurs, it is not about recession or not, but it is necessary to be certain about when the Covid-19 pandemic will end. If it is not known with certainty how long the pandemic will last, that is precisely what entrepreneurs fear most.
“Actually, our chances are very, very positive if we can resolve this pandemic faster,” he said.
The sectors that are expected to support growth are commerce and services. More specifically, he has high hopes that this sector can have a positive penetration in DKI Jakarta.
“Of course, this business sector, yes, it is also one that we expect to grow rapidly as well. Especially when we talk about the city of Jakarta,” he explained.
According to him, Jakarta will increase rapidly if human movements are normal. This means that there are no more restrictions for all business sectors to open freedom.
“This will be fast from the trade and services sector. This will quickly trigger economic growth. That is why we also say that although we see Jakarta economic growth minus 8.22%, we are sure that when it comes back to life in Jakarta it will be more fast and it will turn positive. tablets, “he said.
“It means that all roots are how we accelerate the search for this vaccine, with our united discipline to implement health protocols so that we hope that the spread of the Corona virus can be suppressed, can return to normal, so that we can unleash our various activities. commercial and commercial. and we quickly come out of this depression, “he concluded.
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