Economics

Indonesia Sees Risks to Growth on Virus, Natural Disasters

Indrawati says full-year growth target of 5% still achievable
Extended restrictions, natural disasters are risks to recovery

Indonesia Finance Minister Sri Mulyani Indrawati sees downside risks for economic growth in the first quarter as the government imposed more restrictions to curb a worsening coronavirus outbreak. (Source: Bloomberg)

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By Grace Sihombing and Haslinda Amin

January 23, 2021 at 11:00 PM UTC

Updated on

January 25, 2021 at 5:41 AM UTC

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Indonesia sees downside risks for economic growth in the first quarter as the government imposed more restrictions to curb a worsening coronavirus outbreak, said the finance minister.

The first quarter is “very tough,” Finance Minister Sri Mulyani Indrawati said in an interview with Bloomberg Television’s Haslinda Amin on Saturday. “We hope in February and March we can still catch up despite the January which is going to be very tough because of Covid and natural disasters.”