FPCI Public Forum on Indonesia’s Economic and Political Outlook 2021

Following the contraction at -5.32% in the second and -3.49% in the third quarter of 2020, Indonesia’s economy has fallen into recession. Nevertheless, World Bank and IMF came with positive news as they predicted Indonesian economy to expand between 4.8% – 6.1% next year. The arrival of vaccine in Indonesia also increases public confidence that Indonesia’s economy will soon recover. However, economic rebound still depends on various factors, including politics. What would Indonesian economic and political landscape looks like next year? When will our economic activities return to normalcy? What kind of policy breakthroughs are needed to spur reforms and transformations for a resilient recovery?

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