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Indonesia Economic Prospects (IEP), July 2020

July 16, 2020

Virtual Event


Click the above to watch the event livestream

The Indonesia Economic Prospects (IEP), a successor of the Indonesia Economic Quarterly, is a six-monthly World Bank report that aims to provide an impartial and up-to-date assessment of recent global and domestic macroeconomic developments, outlook and risks, as well as specific development challenges for the Indonesian economy.

  • In this edition of the IEP, the analysis is delivered in two parts:


    • First, it highlights key developments in the Indonesian economy over recent months, and places these in a longer-term context. Based on these developments, and on policy changes over the period, the IEP regularly updates the outlook for Indonesia’s economy.  The ongoing COVID-19 pandemic highlights the continued need for sound macroeconomic monitoring to help the economy weather the impact of the crisis.
    • Second, it will discuss challenges and policy priorities to balance Government efforts in managing the infection, with the cushioning the effects of the economic downturn, as well as repositioning the economy for a rapid and full economic recovery over the next few years. Deeper reforms are needed today to set the foundations for stronger and more inclusive economic development.
  • Welcome Address

    Satu Kahkonen, Country Director, Indonesia and Timor-Leste, World Bank

    Opening Remarks

    Gary Quinlan, Australian Ambassador to the Republic of Indonesia

    Keynote SpeechAirlangga Hartarto, Coordinating Minister for Economic Affairs, Republic of Indonesia

    IEP Report Presentation

    Frederico Gil Sander, Lead Economist, World Bank

    Panel Discussion: Economic recovery in a COVID world


    Moderator: Timothy Marbun


    Invited Panelists:

    ·  Mari Elka Pangestu, Managing Director, World Bank

    ·  H.E. Sri Mulyani Indrawati, Minister of Finance, Republic of Indonesia