Indonesia Enters In Recession Period

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Indonesia Enters In Recession Period

Street vendor rides his way around Jakarta's business district in Jakarta on 6 November 2020. Indonesia has fallen into a recession for the first time in 22 years due to effects of the coronavirus pandemic. Southeast Asia’s largest economy shrank 3.49 percent on an annual basis in the third quarter 2020, as almost all gross domestic product (GDP) components fell amid the persistent rise in COVID-19 cases, Statistics Indonesia (BPS) announced on 5 November. (Photo by Afriadi Hikmal/NurPhoto)


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