POST Online Media Lite Edition


Bali hardest hit economy in Indonesia

Christian Fernsby |
Bali has taken the biggest economic hit in Indonesia from the coronavirus pandemic, President Joko Widodo said.

Article continues below

Topics: INDONESIA   

“The biggest economic contraction was recorded […] in Bali, which is in a negative growth of 10.98 percent,” Jokowi said during a virtual meeting with Indonesia’s governors earlier today.

“This is because tourists, and tourism, is so dominant for Bali’s economy and so we can see how it [resulted] in this sharp decline.”

Indonesia’s easternmost provinces of Papua and West Papua are the only ones reporting positive growth at 4.52 and 0.53 percent respectively.

What to read next

Indonesia posts 0.27 percent inflation in November
Indonesia suddenly cuts key rate to 4.25%
Indonesia records trade surplus in February, exports decline sharply