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Business Trending: Rizal Ramli Criticizes Minister of Finance Regarding Recession, PNS Toll Money Will Increase

TEMPO.CO, Jakarta – The most popular economic and business news throughout Friday, August 21, 2020, starting with criticism Rizal Ramli | to the Minister of Finance who has yet to acknowledge an economic recession. In addition, there is also a plan by the Minister of Finance Sri Mulyani Indrawati, who will increase the toll money for civil servants to Rp 200 thousand per month.

There is also the matter of Arief Yahya being appointed as the President Director of the holding company ANTV, then what will happen if Indonesia is threatened with a recession, so that Erick Thohir and Retno Marsudi’s plan to check the Covid-19 vaccine in the United Arab Emirates.

The five topics attracted the most attention of readers on the Bisnis Tempo.co channel. Here are five trending business news in full:

1. Rizal Ramli: How come the Minister of Finance who is rich in lies says that it is not yet a recession

Ekonom senior Rizal Ramli | criticized the way the government communicated in explaining the latest economic conditions in the midst of the corona pandemic. Rizal said that technically, the country had entered a recession, but the government was trying to explain something differently.

“I see there is a habit of lying. Contagious apparently the disease. Minister of Finance (Minister of Finance Sri Mulyani) says we haven’t recession yet. This is how the Minister of Finance is like someone lying to say that it is not a recession yet, ”said Rizal in a virtual discussion with RMOL, Friday, August 21, 2020.

According to Rizal, Indonesia’s economic growth in the first quarter of 2.97 percent had contracted 2.41 percent compared to the fourth quarter of 2019. Then in the second quarter, economic growth again contracted -5.32 percent or minus 4.19 percent rather than the first quarter of 2020.

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