Jakarta: Indonesian economy in the third quarter is expected to be worse than in the previous quarter due to the ongoing covid-19 case surge, President Joko Widodo (Jokowi) has said.
"We should stay vigilant," said the President here on Tuesday.
Indonesia's national economy in the second quarter of 2021 moved into positive territory for the first time since the Covid-19 outbreak at the beginning of 2020, achieving 7.07% (yoy) growth.
Recent economic expansion builds on the previous improvements through to the first quarter of 2021 and represents the fastest pace of growth since the fourth quarter of 2004 (7.16% yoy).
Consequently, real GDP in the second quarter of 2021 surpassed that recorded prior to the Covid-19 pandemic in the fourth quarter of 2019.
All demand components and economic sectors have contributed to upward economic momentum.
"In the third quarter, the economy is expected to be worse," Jokowi stated.
The Indonesian government recorded 20,709 new coronavirus cases yesterday, bringing the total number of confirmed coronavirus cases in the country to 3,686,740.
From Sunday noon until Monday noon, the total number of recovered coronavirus patients in the country increased by 44,959 to 3,129,661.
In the same period, Indonesia's official covid-19 death toll was up by 1,475 to 108,571.
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