Economists Predict Indonesia's GDP Could Contract up to 2.5% in 2020 

Economists have warned that Indonesia's economy could face a slump and undergo a much longer recovery than other countries in Southeast Asia if the handling of the COVID-19 pandemic remains ineffective. 

A Senior Economist of the University of Indonesia, Faisal Basri, has raised his concerns over the Government of Indonesia’s management of the COVID-19 crisis and added that Indonesia could experience an economic contraction of up to 2.5%, or 0.5%, in a best-case scenario based on the current countermeasures taken by the Government.

Basri added that the Government of Indonesia has been late in banning the exodus while large scale social restrictions have also been ineffective, l...