Indonesia President emphasises need to balance health, economy amid pandemic
Indonesian President Joko Widodo on August 16 underlined that there was a need to strike a balance between health and economic interests amid a surge in COVID-19 cases in Southeast Asia's largest country, Reuters reported.
Workers of the Red Cross spray disinfectants to streets in Bekasi (Photo: VNA)
Jakarta (VNA) - Indonesian President Joko Widodo on August 16 underlined that there was a need to strike a balance between health and economic interests amid a surge in COVID-19 cases in Southeast Asia's largest country, Reuters reported.
In his annual state of the nation speech, the President said the pandemic has indeed significantly slowed down Indonesia’s economic growth, but it must not hinder the process of structural reforms of the economy.
The country needs to find the best combination between public health and economic interests, Widodo said.
The Indonesian economy pulled out of recession in the second quarter with 7 percent annual gross domestic product growth, but the rise in coronavirus cases and the mobility restrictions threaten the recovery momentum in the next quarter.
The restrictions are due to be in place until August 16 on Java and August 23 on the other four main islands.
Though infections have started to plateau in the most populous island of Java, the coronavirus has been spreading to other parts of the archipelago, authorities have said./.
The Trade Office of Vietnam in Indonesia has advised Vietnamese importers to not trade with 34 Indonesian mining companies whose coal exports have been suspended by the local government for failing to meet domestic market obligations.
The Counter-terrorism Squad, Densus 88, of Indonesia’s National Police arrested four more suspected terrorists in Banten and West Java provinces on August 15.
The Indonesian government pledged to secure supplies and stablise prices of eight COVID-19 treatment drugs, President Joko Widodo said in an address at the parliamentary on August 16.
The Indonesian government aims to cut the State budget deficit to 868 trillion IDR (60.38 billion USD) from 939 trillion IDR, accounting for 4.85 percent of the gross domestic product (GDP) next year.
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