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Vice President Ma'ruf Amin said the government devoted all attention, energy, and resources to deal with the Covid-19 pandemic.
Indonesia's economic growth in 2020, which contracted by 2.07 percent (yoy), was above the global average.
Indonesia's Economy records a negative growth of minus 2.19 percent (yoy) in Q4/2020.
Coordinating Economic Minister Airlangga Hartarto projects that Indonesia's economy will grow to 1.6 to 2.1 percent in the first quarter of 2021.
Indonesia's central statistics agency BPS said that for the first time since the 1998 monetary crisis, the country experienced growth contraction.
The government was striving to reduce the poverty rate to around 9.2 to 9.7 percent in 2021, said Minister or Bappenas Head Suharso Monoarfa.
Finance Minister Sri Mulyani says the control and prevention of COVID-19 and vaccinations are paramount for the country's economic growth next year.
President Jokowi stated that improving financial inclusion is necessary to boost development and economic growth in regions.
President Jokowi believes that Indonesia has passed its lowest point of economic growth in the second quarter of 2020.
Jakarta Governor Anies Baswedan called for urban farming and asked residents to use vacant lands in their houses or buildings to grow crops.
The JCI climbed 0.66 percent to close the day at 5,594.06.
Coordinating Minister of Economic Affairs Airlangga Hartarto is pinning on private sector investments to help Indonesia's Q4 economic growth.
Economist Adrian Panggabean said the country's Q3 economic growth at minus 3.49 percent is worse than market consensus and the government expectations
Indonesia's economy grew at a negative 3.49 percent, bringing the archipelago to a recession for two consecutive quarters.
Jakarta Governor Anies Baswedan says the capital city's economic growth has slowed down as a consequence of the prolonged COVID-19 pandemic.
Kadin chairman Rosan Roeslani said Job Creation Law serves as a strong signal that Indonesia is safe and open to business and investment.
President Jokowi's special staff, Billy Mambrasar, says his team is set to support the Agriculture Ministry's 2.5 million millennial farmers program.
The government has spent Rp304.66 trillion from the national economic recovery (PEN) program's budget.
Bank Mandiri lead economist Andry Asmoro predicts Indonesia's recession will not be as bad as other countries.
Finance Minister Sri Mulyani Indrawati revealed the importance of the concept of the Islamic economy for global economic growth.
