Indonesia’s economy revealed an improvement in the 3rd quarter following a deep downturn in the 2nd quarter in the middle of unpredictability caused by the coronavirus pandemic, the Financial System Stability Committee (KSSK) has said. The country’s monetary system remained stable in the third quarter and was anticipated to additional support financial healing going forward, said the committee, whose members are the financing minister, Bank Indonesia (BI) guv, the Financial Services Authority (OJK) chairman and the Deposit Insurance Corporation (LPS) chairman, on Tuesday. “The domestic economy has slowly enhanced after experiencing pressure in the second quarter […] supported by accelerated financial stimulus dispensation and an improvement in exports,” said Financing Minister Sri Mulyani Indrawati, who acts as the committee’s chair, in a virtual briefing. “Exter …
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