Indonesia must 'protect the people' without sacrificing the economy, finance minister says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Indonesia's finance minister Sri Mulyani Indrawati discusses the country's shifting budgetary focus to 'protect the people' without sacrificing the economy.

Indonesia needs to "protect the people" and spend more to support them during the pandemic — and it's not likely to impair the economic recovery, said its finance minister, Sri Mulyani Indrawati.

"This is definitely shifting on our focus on the budget to protect the people," she said. "Certainly, we want this not to be too long and that's why it's not going to affect our third quarter performance of the economy." "At the same time, also making sure that the normalization of the economic activity will not at the cost of the increasing Covid ," she said, adding that a spike in infections can overwhelm the health-care system.Indonesia is still battling with a deadly resurgence of Covid-19 nationwide, as the spread of the more transmissible delta variant pushed daily cases to record highs in recent weeks.

It is a good sign that we're now seeing a tendency of declining of cases, especially in Java area – including Jakarta.As of July 16, about 5.89% of the Indonesian population has been fully vaccinated against Covid-19, according to Our World in Data.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

My old boss would refuse to accept trade-offs, and demand that he have his cake and eat it too. He got fired pretty quick.

what a coherent soundbite from a head of state 👏🏻

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker