Worst-Case Scenario: World Bank Predicts -2% Economic Growth for Indonesia in 2020
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The World Bank predicts two scenarios for Indonesia's economic growth in 2020. In the baseline scenario, economic growth could reach -1.6%. In the worst-case scenario, it could reach -2%.
These figures are lower than the World Bank's July report, which projected that the Indonesian economy could still maintain zero percent growth this year.
Indonesia's economy is projected to recover with 4.4% growth in 2021. However, in a worst-case scenario, growth would only reach 3%.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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