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Indonesia’s economic growth is on track to recover this year to its prepandemic level of around 5 percent as the country reopens amid the looming threat of the highly transmissible Omicron variant.
Coordinating Investment and Maritime Affairs Minister Luhut Pandjaitan said the country’s economic recovery could take longer than expected if the Omicron variant led to a surge in hospitalizations and declining vaccine protection.
However, the variant causes relatively mild symptoms based on initial observations, Luhut said, adding that viruses tended to mutate into less dangerous variants.
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