{"id":201547,"date":"2020-11-06T11:20:51","date_gmt":"2020-11-06T04:20:51","guid":{"rendered":"https:\/\/setkab.go.id\/?p=201547"},"modified":"2020-11-09T11:23:20","modified_gmt":"2020-11-09T04:23:20","slug":"indonesias-economy-starts-to-improve-sri-mulyani-says","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/indonesias-economy-starts-to-improve-sri-mulyani-says\/","title":{"rendered":"Indonesia\u2019s Economy Starts to Improve, Sri Mulyani Says"},"content":{"rendered":"<div id=\"attachment_201548\" style=\"width: 910px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-201548\" class=\"size-full wp-image-201548\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/11\/MENKEU-20101105-1.jpg\" alt=\"\" width=\"900\" height=\"600\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/11\/MENKEU-20101105-1.jpg 900w, https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/11\/MENKEU-20101105-1-300x200.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/11\/MENKEU-20101105-1-768x512.jpg 768w, https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/11\/MENKEU-20101105-1-600x400.jpg 600w, https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/11\/MENKEU-20101105-1-690x460.jpg 690w, https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/11\/MENKEU-20101105-1-345x230.jpg 345w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><p id=\"caption-attachment-201548\" class=\"wp-caption-text\">Minister of Finance Sri Mulyani Indrawati (Photo: PR of Ministry of Finance)<\/p><\/div>\n<p>Indonesia\u2019s economy is beginning to show recovery in the third quarter, Minister of Finance Sri Mulyani has said.<\/p>\n<p>\u201cIn terms of production, the turning point for the economic recovery can be seen in the third quarter in almost all sectors, meaning that Indonesia has passed \u2018the worst\u2019 condition that happened in the second quarter. And now we are in the recovery stage,\u201d she said in a press conference on Thursday (5\/11).<\/p>\n<p>In the meantime, from the consumption side, she noted that the Government spending on the State Budget as a countercyclical strategy has contributed to restoring the economy in the third quarter for the components of government spending, household consumption through social assistance, and subsidies and investment through capital expenditure.<\/p>\n<p>According to the Minister, as a countercyclical instrument, the State Budget spending has provided significant results in the third quarter, adding that the state expenditure has contributed to the recovery of economic growth in the government consumption component.<\/p>\n<p>\u201cThe Government has also contributed to the household consumption component through spending on social assistance and subsidies and investment component through capital expenditure,\u201d she said adding that this condition also shows the critical role of the State Budget to rebuild the economy from the consumption sector through social assistance, government consumption and investment. <strong>(PR of Ministry of Finance \/ UN)<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Translated by: Estu Widyamurti<\/strong><br \/>\n<strong>Reviewed by: M. Ersan Pamungkas<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indonesia\u2019s economy is beginning to show recovery in the third quarter, Minister of Finance Sri Mulyani has said. \u201cIn terms of production, the turning point for the economic recovery can be seen in the third quarter in almost all sectors, meaning that Indonesia has passed \u2018the worst\u2019 condition that happened in the second quarter. And [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":201548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-201547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Indonesia\u2019s Economy Starts to Improve, Sri Mulyani Says - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/indonesias-economy-starts-to-improve-sri-mulyani-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indonesia\u2019s Economy Starts to Improve, Sri Mulyani Says - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"Indonesia\u2019s economy is beginning to show recovery in the third quarter, Minister of Finance Sri Mulyani has said. \u201cIn terms of production, the turning point for the economic recovery can be seen in the third quarter in almost all sectors, meaning that Indonesia has passed \u2018the worst\u2019 condition that happened in the second quarter. And [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/indonesias-economy-starts-to-improve-sri-mulyani-says\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-06T04:20:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-09T04:23:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/11\/MENKEU-20101105-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:site\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/setkab.go.id\/en\/indonesias-economy-starts-to-improve-sri-mulyani-says\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/en\/indonesias-economy-starts-to-improve-sri-mulyani-says\/\"},\"author\":{\"name\":\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\",\"@id\":\"https:\/\/setkab.go.id\/#\/schema\/person\/ccc9c04099be79c6aa9ed45cb3bf345e\"},\"headline\":\"Indonesia\u2019s Economy Starts to Improve, Sri Mulyani Says\",\"datePublished\":\"2020-11-06T04:20:51+00:00\",\"dateModified\":\"2020-11-09T04:23:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/indonesias-economy-starts-to-improve-sri-mulyani-says\/\"},\"wordCount\":256,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/setkab.go.id\/#organization\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/indonesias-economy-starts-to-improve-sri-mulyani-says\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/11\/MENKEU-20101105-1.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/setkab.go.id\/en\/indonesias-economy-starts-to-improve-sri-mulyani-says\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/setkab.go.id\/en\/indonesias-economy-starts-to-improve-sri-mulyani-says\/\",\"url\":\"https:\/\/setkab.go.id\/en\/indonesias-economy-starts-to-improve-sri-mulyani-says\/\",\"name\":\"Indonesia\u2019s Economy Starts to Improve, Sri Mulyani Says - 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