Since Indonesia is located in an area of high seismic activity, it is not surprising that earthquakes have a significant impact on its economy. Earthquakes can cause damage to infrastructure and disrupt economic activities. They can also lead to loss of life and displacement of people.
The most recent major earthquake in Indonesia was the 7.5-magnitude quake that struck the island of Lombok in August 2018. The quake caused widespread damage and killed more than 500 people. It also led …