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As the government prepares a second fiscal stimulus package to support the economy, Finance Minister Sri Mulyani Indrawati warns that the economic impacts of the COVID-19 coronavirus outbreak will be far more complicated than that of the 2008 financial crisis. Driven by the United States subprimeRead more..

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Fitch Solutions has revised the rupiah’s outlook for 2020 to 14,207 per US dollar from its initial projection of Rp 13,650, given the higher risks of a local coronavirus outbreak. The revision comes on the back of rising headwinds faced by the Indonesian economy from the novel coronavirus diseaseRead more..