Friday Briefing

Economy: Bank Indonesia (BI) revises down its forecast for the country’s economic growth this year from 4.1-5.1 percent to 3.8 percent citing the enforcement of emergency public activity restrictions (PPKM). “If the emergency PPKM lasts for one month and lowers COVID-19 cases, well, then the economic growth will decline to around 3.8 percent,” BI Governor…