Indonesia faces struggle to avoid recession: Finance minister

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

JAKARTA: Indonesia's economic recovery was 'very fragile' and could reverse as shown by tax revenue data in July, the country's finance minister ...

JAKARTA: Indonesia's economic recovery was"very fragile" and could reverse as shown by tax revenue data in July, the country's finance minister said on Tuesday , warning that the economy faced a struggle to avoid a recession.

"We will see if the trend continues in August, whether we can stay in the zone of near 0 per cent and we can continue to guard against falling into recession," she said.From January to July, total state revenue fell 12.4 per cent on year, while total spending rose 1.3 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive: ByteDance investors seek to use stakes to finance TikTok bid - sourcesByteDance investors are in talks to use their stakes in the Chinese technology firm to help finance their bid for its popular short-video app ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

ByteDance investors seek to use stakes to finance TikTok bid: SourcesBEIJING (REUTERS) - ByteDance investors are in talks to use their stakes in the Chinese technology firm to help finance their bid for its popular short-video app TikTok, according to people familiar with the matter.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »