Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Indonesia Economic Prospects, June 2021 : Boosting the Recovery

06/17/2021 | 04:00am EDT

Public Disclosure Authorized

Public Disclosure Authorized

Public Disclosure Authorized

Public Disclosure Authorized


Boosting the Recovery

June 2021


The Indonesia Economic Prospects (IEP) is a bi-annual World Bank report that assesses recent macroeconomic developments, outlook and risks, as well as specific development challenges for the Indonesian economy. In doing so, the IEP aims to inform the public policy debate and is geared towards a wide audience, including the general public, the government, the private sector, civil society organizations, and other domestic and international stakeholders.

The IEP has two main parts. Part A highlights key developments in the Indonesian economy over recent months, and places these in a longer- term context. Based on these developments, and on policy changes over the period, the IEP regularly updates the outlook for Indonesia's economy. The ongoing COVID-19 pandemic highlights the continued need for sound macroeconomic monitoring to help the economy weather the impact of the crisis. Part B provides an in-depth examination of selected economic and policy issues, and an analysis of the country's medium-term development challenges.

The IEP is a product of the World Bank Jakarta office and receives strategic guidance from an editorial board chaired by Satu Kahkonen, Country Director for Indonesia and Timor-Leste. The report is prepared by the Macroeconomics, Trade, and Investment (MTI) Global Practice team, under the guidance of Lars Christian Moller (Practice Manager) and Habib Rab (Lead Economist). The report is led Abdoulaye Sy (Senior Econ- omist) with a core team comprised of Alief Aulia Rezza, Angella Faith Lapukeni, Anthony Obeyesekere, Assyifa Szami Ilman, Dara Lengkong, Dwi Endah Abriningrum, Galuh Chandra Wibowo, Gracia Hadiwidjaja, Imam Setiawan, Indira Maulani Hapsari, Josefina Posadas, Kathleen Victoria Tedi, Neni Lestari, Ou Nie, Yus Medina, Ralph Van Doorn, Ratih Dwi Rahmadanti, Sara Giannozzi and Virgi Agita Sari. Deviana Djalil provided administrative support and coordinated the organization of the report launch event. Dissemination is organized by Jerry Kurniawan and Nugroho Nurdikiawan Sunjoyo under the guidance of Lestari Boediono Qureshi. The report was formatted by Arsianti and edited by Janani Kan- dhadai.

Part A of this edition of the IEP was prepared by Abdoulaye Sy (report lead), Indira Maulani Hapsari (real sector), Anthony Obeyesekere (fiscal sector) and Dwi Endah Abriningrum (external sector), Dara Lengkong, Ou Nie and Neni Lestari (financial sector), Josefina Posadas and Gra- cia Hadiwidjaja (labor market), Virgi Agita Sari, Rabia Ali, Bambang Suharnoko Sjahrir and Imam Setiawan (poverty) and Sara Giannozzi (social protection) and benefited from inputs and comments from Ralph Van Doorn, Francesco Strobbe, Ketut Kusuma, Achim Daniel Schmillen, Sailesh Tiwari and Somil Nagpal. The report also benefited comments from Ekaterina T. Vashakmadze, Ergys Islamaj and Daisuke Fukuzawa on behalf of the World Bank Chief Economist Office for East Asia and Pacific.

Part B was prepared by Maria Monica Wihardja, Anna O'Donnell, Wendy Cunningham, and Kate Anna Shanahan with inputs from Rinku Murgai, Abdoulaye Sy, Achim Daniel Schmillen, Habib Rab, Ririn Purnamasari, Josefina Posadas, Sara Giannozzi, Rythia Afkar, and Abror Tegar Pradana.

This report is a product of the staff of the International Bank for Reconstruction and Development/the World Bank and is supported by funding from the Australian government under the Australia-World Bank Indonesia Partnership (ABIP).

The findings, interpretations, and conclusions expressed in this report do not necessarily reflect the views of the Executive Directors of the World Bank or the governments they represent, or the Australian government. The World Bank does not guarantee the accuracy of the data included in this work. The data cut-off date for this report was May 31, 2021. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of the World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.

The Photograph is by Didik Setiawan/ https://www.shutterstock.com/g/Didik+Setiawan/All rights reserved.

This report is available for download in English and Indonesian via: worldbank.org/iep

Previous report editions:

To receive the IEP and related publications by email, please email ddjalil@worldbank.org. For questions and comments, please email ihap- sari@worldbank.organd asy2@worldbank.org

For information about the World Bank and its activities in Indonesia, please visit:



@BankDunia #IEQBankDunia




World Bank Group published this content on 16 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 07:59:04 UTC.

© Publicnow 2021
Latest news "Economy & Forex"
12:36pBritain believes Iran attacked Israeli-managed tanker off Oman
12:23pBOX OFFICE : 'Jungle Cruise' Docks With $34 Million in Theaters, $30 Million on Disney Plus
12:06pAllianz cooperating as DOJ probes Structured Alpha Funds
11:38aUK says 'highly likely' Iran attacked tanker off Oman
11:16aZoom reaches $85 million settlement of lawsuit over user privacy, 'Zoombombing'
11:05aAirbus production plans expose strategy rift with engine makers
10:53aEgypt's president sisi agreed in meeting with algeria's foreign minster on full support for tunisian president - egyptian presidency
10:53aEgypt, Algeria agree on full support for Tunisian president - statement
10:31aU.S. senators make final tweaks to infrastructure bill, expect passage this week
09:38aIndonesia extends COVID-19 restrictions for outside Java -local media
Latest news "Economy & Forex"