Pandemic hits Indonesia’s push for inclusive growth: Bappenas

first_img“Macroeconomic policies must be equipped with affirmative policies, increasing accessibility and industrial output policies,” Amalia said. The affirmative policies, she went on to say, were reducing poverty and inequality, encouraging productive women to have decent work and raising awareness on healthy eating and lifestyle.“Inclusive economic growth with more equitable income distribution and lower poverty is more resilient to the kind of shocks caused by the COVID-19 pandemic,” she stressed.In a recent research study, SMERU projected that 8.5 million people would fall into poverty this year as a result of the COVID-19 pandemic. The prediction means that the number of poor people will surge to 33.24 million, or 12.37 percent of Indonesia’s total population, a figure last seen in 2009.BPS data from September 2019 show that 24.79 million Indonesians lived in poverty, equivalent to 9.22 percent of the total population.“The Indonesian economy needs to recover [after the pandemic], that’s for sure, but efforts to reduce the country’s poverty rate have reversed by 10 years […]. All of the difficult steps that have been taken will then have to be redone to return to the 9.22 percent level,” SMERU researcher Ridho Al Izzati said in April.Topics : Projected slower economic growth caused by the COVID-19 pandemic is expected to worsen Indonesia’s struggle to promote inclusive development in the country, according to a National Development Planning Agency (Bappenas) official.The government with SMERU Research Institute measure the inclusiveness of growth based on 21 indicators, such as employment opportunity, inequality, contribution of women’s income and poverty rate. The result is that the country’s score on the Inclusive Economic Development Index has been stagnating at 5.75, which actually qualifies as moderately satisfying, since 2017.“The COVID-19 pandemic has hit household consumption and lowered industrial output, which in turn has affected the indicators to measure inclusive economic growth,” Bappenas expert staff member for economic and financing synergy Amalia Adininggar Widyastuti said in an online talk on Wednesday. Statistics Indonesia (BPS) data show that household spending, which accounts for more than half of the country’s gross domestic product (GDP), grew just 2.84 percent in the first quarter as the economy expanded 2.97 percent, the slowest since 2001.The government now expects the country’s economy to grow 2.3 percent this year from 5.02 percent last year under the baseline scenario and even to contract 0.4 percent in the worst-case scenario.The pandemic, Amalia said, was directly battering at least nine indicators in the index, especially employment opportunity, inequality and poverty. Without enough inclusiveness, the poorest 20 percent of the population were hit hardest by the pandemic with most of them lacking access to decent toilet and hand washing facilities, which are precisely the means to prevent COVID-19 contagion.last_img read more

Rawcorp to build nine-level apartment project on golf course

first_imgDeveloper Rawcorp will build a nine-level apartment building at Robina golf course, The Glades.SEVENTY-SIX new apartments are set to be built at Robina golf course, The Glades.Developer Rawcorp will build a nine-level building on a 2865sq m site on Glades Drive featuring a mix of one, two and three-bedroom apartments.There will also be 130 car parks, a roof terrace and communal open space.The development, yet to be named, will be one of the city’s only new residential medium-rise apartment projects to be built on a golf course. Designed by AGA Architects, the apartments will offer both residential use and long-term accommodation, with large internal floor areas and balconies overlooking the water and fairways.Rawcorp special projects manager Dan Rogers said the apartments would offer a rare lifestyle opportunity priced in the mid $300,000s through to the mid $500,000s.“The location is unbeatable,” he said.“You’re a nine iron from the golf course in one of the most picturesque residential communities on the Gold Coast. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North11 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago“The Glades is a private, quiet enclave complete with an enviable range of resort facilities including the 18 hole, Greg Norman designed championship golf course, a state of the art club house and popular dining venue Viva Cafe and Bar.”Mr Rogers expected strong interest from first-home buyers taking advantage of the Queensland First Home Owners’ Grant, as well as empty-nesters and retirees transitioning from the family home.” It is the second residential development to be announced by Rawcorp at The Glades following the November launch of boutique townhouse development Eagle Terraces, which is being built opposite the apartment project. Eagle Terraces, also designed by AGA architects, is a collection of nine terrace homes.Marketing Projects managing director Kyia Maidens, who is marketing Eagle Terraces, said demand for Robina property was underpinned by the suburb’s established major infrastructure. “Robina is currently experiencing high rental demand and a vacancy rate of less than one per cent, and with significant population growth projected over the coming years, this trend is likely to continue,” she said. “Rawcorp’s latest apartment project at The Glades has been designed with this in mind and it is being released at the right time to capitalise on the city’s future growth.” The Glades is within walking distance to Robina Town Centre and the Robina railway station.last_img read more

Troy Tulowitzki on Yankees’ lineup: ‘We can hurt you from anywhere’

first_imgMORE: Watch ‘ChangeUp,’ a new MLB live whip-around show on DAZN“To be at the bottom of the order, that was different for me,” Tulowitzki said, via ESPN. “Just goes to show how good it is, it really doesn’t matter. In this lineup, we can hurt you from anywhere.” The five-time All-Star and two-time Silver Slugger signed a one-year deal with the Yankees this winter. He missed all of last season after undergoing surgery to remove bone spurs from both his heels and was limited to just 66 games in 2017.“Opening Day was always special. I’ve had quite a few in my career, but today was something different,” Tulowitzki said. “The injury was tough on me and a lot of people doubted that I’d get back to this point. So definitely, it had some extra meaning to get back out there.”First baseman Luke Voit blasted a three-run homer in the first inning and finished with four RBIs in the Yankees’ win. Troy Tulowitzki thinks the Yankees have one of the deepest lineups in baseball.The 34-year-old shortstop hit ninth and went 1 for 4 with a strikeout in New York’s 7-2 Opening Day win over the Orioles on Thursday. Tulowitzki, who was making his team debut, was asked about batting last when he met with reporters after the game.last_img read more