Coordinating Minister for Economic Affairs Airlangga Hartarto answered reporters’ questions after a recent virtual meeting (Photo: setkab.go.id)Jakarta (VNA) – The Indonesian government ispreparing 89 new National Strategic Projects (NSP) worth a total 1,422 trillionrupiah (94.8 billion USD) throughout 2020 – 2024, a senior minister said.
Among them are drone projects, bridges, airports, industrialzones, irrigation, dams, sea dikes, rice fields, biofuel and salt projects.
Indonesian Coordinating Minister for Economic AffairsAirlangga Hartarto told reporters after a recent virtual conference led byPresident Joko Widodo that the president also suggested creatingtransportation, economy and tourism hubs in East Kalimantan, Bali or Manado inNorth Sulawesi.
The World Bank has forecast that Indonesia’s economy isexpected to grow zero percent in 2020 compared to 5.02 percent last year.
Earlier, Finance Minister Sri Mulyani Indrawati reviseddownward economic growth to 2.3 percent this year, adding that the figure wouldstand at minus 0.4 percent in the worst case scenario.
Meanwhile, Malaysia’s short-term economic recovery plan forthe June to December period will be launched by Prime Minister Muhyiddin Yassinthis month, said Finance Minister Zafrul Abdul Aziz.
He said the plan would still focus on three key objectives,namely to empower people, propel businesses, and stimulate the economy.
In addition, it represents an opportunity for the SoutheastAsian nation to take advantage of new opportunities arising from the COVID-19crisis, the official noted./.
