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Trade Outlook
GDP outlook for 4th quarter of 2020
February 04, 2021 10:15

Key Findings:  

  • Economic recovery continued at a slower pace than in the previous period. The realization of the National Economic Recovery Program (PEN), especially the social protection program, didn’t have a significant impact on increasing household consumption.  
  • Investment slowed as reflected in the contraction of investment loans growth as well as the slower FDI and infrastructure development. 
  • The trade balance increased due to weak imports.