Page 55 - e-KLIPING KETENAGAKERJAAN 5 APRIL 2021
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Indonesian Finance Minister (Menkeu) Sri Mulyani stated that economic growth in the first
quarter of 2021 is likely to be minus one percent to minus 0.1 percent. Indeed, this projection is
better than the growth throughout 2020 which is minus 2.07 percent.
The growth projection is based on economic activity in Indonesia which is starting to show a
recovery. For 2021, the projected economic growth is in the range of 4.3 percent to 5.3 percent.
This figure is down when compared to the economic growth assumptions in the 2021 State
Budget, namely the range of 4.5 percent to 5.5 percent.
President Jokowi hopes that the 5 percent figure can be achieved, while global institutions such
as the OECD estimate 4.9 percent. The International Monetary Fund (IMF) and the World Bank
estimate Indonesia's economic growth at 4.8 percent and 4.4 percent in 2021, respectively.
What should the government do to be able to return the economy to the green alias plus zone?.
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