Indonesia economy shrinks for fourth straight quarter

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  JAKARTA, Indonesia (AFP) — Indonesia’s economy shrank for the fourth consecutive quarter in January-March, data showed Wednesday, as the country’s leaders struggle to overcome a recession wrought by the coronavirus pandemic. The 0.74 percent on-year contraction was a big improvement on the 2.19 percent in the previous three months but slightly worse than expected, with the tourism sector among the worst-affected industries. However, statistics bureau Suhariyanto told reporters: “It is still negative, but it […]