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View all search resultsThe government estimates that up to 3.78 million Indonesians will fall into poverty and 5.2 million lose their jobs during the coronavirus pandemic, while the International Monetary Fund (IMF) projects the worst global recession since the Great Depression.
Indonesia's government will need help from the private sector to help navigate negotiations for important free trade agreements, Foreign Minister Retno LP Marsudi told the Indonesian Chamber of Commerce and Industry (Kadin).
Recently concerns have been raised over the so-called inverted yield curve in the United States. A yield curve represents the returns of a collection of bonds, usually government bonds, with a similar credit quality across different maturities, usually from three months until 30 years.