Part Of Speech

Indonesia's Economic Growth May Slow Down After Coronavirus

The novel coronavirus outbreak has become a new challenge for the world's economy and Indonesia is predicted to suffer a slowdown in its economic growth of around 0.23 percent as a result of China's downturn of one percent, an Indonesian official said. The prediction that the Indonesian Trade Ministry had made was lower than that of the world, Head of the ministry's Trade Research and Development Division Kasan said on Tuesday commenting on the impact of the virus outbreak on Indonesia's economy.

The World Bank has predicted that Indonesia's economic growth might suffer a downturn of up to 0.3 percent as a result of this new coronavirus outbreak whose epicenter is in the Chinese city of Wuhan, the capital of Hubei Province, he said.

Kasan argued that in every one percent of China's downturn in its gross domestic product, Indonesia was predicted to face a slowdown of around 0.23 percent. This calculation was made based on scientific findings.

Thus, if China's economic growth was predicted to decline from six to five percent, for instance, Indonesia's economic growth which had earlier been presumed to reach around 5.3 percent this year would likely be corrected, he added.

This new coronavirus outbreak would also affect the performance of Indonesia's exports and imports in January 2020. Several other countries might also suffer the same predicted situation as some of Indonesia's trading partners had released their data.

The data that five or six countries had released showed that they underwent a significant decrease in their respective exports and imports.

The countries whose export and import performance was affected by the coronavirus outbreak included Brazil, Vietnam, South Korea, Chile, and Pakistan, he added.

This deadly virus may not merely affect Indonesia's trade but also its investment. However, the Investment Coordination Board (BKPM) Head Bahlil Lahadalia opined that it has not yet shown any significant impact on the inflow of China's investments into Indonesia.

Apart from that, the government is examining measures necessarily taken to anticipate any potential decrease, he recently said.

In 2019, with total investment worth US$4.7 billion, China ranked second after Singapore as the biggest contributor of foreign investment for Indonesia. Singapore's total investments were recorded at $6.5 billion.

Japan is ranked third with a total investment of $4.3 billion while Hong Kong ranked fourth ($2.9 billion). It was followed by the Netherlands with investments of $2.6 billion.

PART OF SPEECH

ADJACTIVE	ADVERB	CONJUCTION	DETERMINER	NOUN	PREPOSITION	PRONOUN	VERB
New	Thus	And	The	Novel	For	Its	Has
Economic	Earlier	But	a	Coronavirus	In	Whose	Become
Indonesian	Up	Or	An	Outbreak	Of	He	is
Lower	Likely		This	Growth	Around	Their	Predicted
Chinese	Also		every	Downturn	Than	They	Suffer
Domestic	However		Which	Prediction	On	it	Said
Scientific	Yet		That	Trade	From		had
Several	Merely		Any	Ministry	As		Made
Gross	Apart			Head	That		Was
Other	Recently			Research	After		Commenting
Same	Necessarily			Development	With		Might
Significant	not			Division	By		Argued
Respective				Impact	If		Face
Deadly				Bank	While		Based
Potential				Virus			Decline
Total				City			Been
Worth				Wuhan			Persumed
Second				Indonesia			Reach
Biggest				Product			Would
Foreighn				Calculation			Be
Thirtd				Exports			Corrected
Forth				Imports			Added
				Government			Affect
				Singapore			Released
				Japan			Showed
				Hong Kong			Underwent
				Netherlands			Included
				Brazil			May
				Vietnam			opined
				South Korea			Shown
				Countries			Examining
				Tuesday			taken
				Data			Anticipate
				Hubei			Ranked
				Capital			Were
				Province			Recorded
				January			Followed

PRESENT PERFECT

The novel coronavirus outbreak has become a new challenge for the world's economy. 

The World Bank has predicted that Indonesia's economic growth might suffer a downturn of up to 0.3 percent as a result of this new coronavirus outbreak whose epicenter is in the Chinese city of Wuhan

However, the Investment Coordination Board (BKPM) Head Bahlil Lahadalia opined that it has not yet shown any significant impact on the inflow of China's investments into Indonesia.

PAST TENSE

 Indonesia was predicted to face a slowdown of around 0.23 percent.

Singapore's total investments were recorded at $6.5 billion.

PAST PERFECT

The prediction that the Indonesian Trade Ministry had made was lower than that of the world.

Indonesia's economic growth which had earlier been presumed to reach around 5.3 percent this year would likely be corrected

The data that five or six countries had released showed that they underwent a significant decrease in their respective exports and imports.