FPCI Special Update on the Economic Impact of COVID-19 Outbreak on Indonesia

Presently, COVID-19 continues to wreak havoc across the world, claiming tens of thousands of human casualties. The economic costs of the virus are still on-going but certain to be devastating to the global economy. Travel ban, trade restriction, social distancing and lock down are severely hurting businesses and will create loss of jobs. Indonesian economy has shown several damages that the virus has done to the country’s trade and industry, workforce, and financial market sector.

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