someone needs to go to shrink if one thinks one can grow in corona pandemic.India government spend a lot last year by seeing its economic stimulus spending but still it cannot avoid India getting around negative 8 percent growth. I dont know why Indian IMF economic chief lower Indonesian 2021 economic growth projection by using coronavirus surge as reason while adding Indian number saying the relax measure of Covid containment as something that add another point for Indian growth.
Just look on India Covid data that is not encouraging at all and see this Indonesian data, so I dont get with recent IMF global economic growth projection.
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The fund lowered its growth projection for Indonesia to 4.3 percent this year from January's 4.8 percent, due to Covid-19 concerns.jakartaglobe.id