Hi All,
"Last month, inflation marginally increased. Rupiah strengthened, but it has been weakening over two weeks of July. Stock market moved in volatile way and it is on an upward trend recently. Economic policies are focused on mitigating the risk of recession if the growths suffered “double dips” in the first and second quarters. Monetary policy is being relaxed through two times BI Rate reductions. Meanwhile, the underperformed budget spending hampered the effectiveness of expansionary fiscal policy for handling the Covid-19 pandemic and supporting economic recovery. "
That's the bottom line of the 7th edition of The Indonesian Economic State of Play, 17 July 2020.
Any comments?
You may wish to download it for FREE @ https://bit.ly/2WL3meH or click The Indonesian Economic State of Play
Cheers
Fajar
Jakarta
"Last month, inflation marginally increased. Rupiah strengthened, but it has been weakening over two weeks of July. Stock market moved in volatile way and it is on an upward trend recently. Economic policies are focused on mitigating the risk of recession if the growths suffered “double dips” in the first and second quarters. Monetary policy is being relaxed through two times BI Rate reductions. Meanwhile, the underperformed budget spending hampered the effectiveness of expansionary fiscal policy for handling the Covid-19 pandemic and supporting economic recovery. "
That's the bottom line of the 7th edition of The Indonesian Economic State of Play, 17 July 2020.
Any comments?
You may wish to download it for FREE @ https://bit.ly/2WL3meH or click The Indonesian Economic State of Play
Cheers
Fajar
Jakarta