War and crises have weakened economies worldwide - especially those of industrialized nations. While Europe and the USA are slowly recovering, Germany is lagging behind.
In the last few quarters, there had been a very significant decline in growth starting in early 2020. Based on Statistics Indonesia (BPS) 2020, Indonesia’s economic growth has declined to 2.97% (y-o-y). It deteriorates in line with the COVID-19 pandemic, which hampers all economic activities in Indonesia and the world. Actually, at the beginning of 2020, the economic recovery began to…