Bappenas: Indonesia's Economic Growth Is Expected To Be Even This Year

Head of the National Development Planning Agency (Bappenas) Suharso Monarfa hopes that the targeted economic growth of 5.2 to 5.5 percent year on year in 2022

can be evenly distributed throughout Indonesia. In 2021 the economy will not recover evenly because some areas such as Bali and West Papua are still experiencing contractions, while other regions such as North Maluku, Papua and Central Sulawesi have grown above 10 percent. "There are also industrial sub-sectors that have contracted in such a way," he said at the Public Discussion Forum of the Statistical Society, which was monitored in Jakarta, Monday. Indonesia is also facing a scarring effect due to COVID-19 in the form of decreased productivity, loss of work, loss of learning outcomes, slow recovery in the business world, and the national health system that must be addressed. In addition, he continued, there was the spread of the Omicron variant of COVID-19 which was faster than other variants, even though the symptoms of the disease were not as severe as the Delta variant. "The global economy is expected to slow down in 2022 and 2023, which poses the risk of a hard landing for developing countries," he added. China is also accelerating the transition to New and Renewable Energy (EBT) because it wants to immediately achieve its zero carbon emission target with adequate technological developments.

|•SOURCE•| Articles :ANTARA | Image :VOI |

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