KONTAN.CO.ID - JAKARTA. Indonesia's government is planning to issue bonds aimed at raising funds for struggling businesses under plans to cushion Southeast Asia's biggest economy against the impact of the coronavirus disruption, an official said on Thursday. To support businesses and save jobs, the government has launched measures for certain sectors, including tax breaks and relaxing rules on imports. The planned new bonds will be issued in rupiah and the government is aiming to sell them to the central bank or private sector buyers, Susiwijono, secretary general at the Coordinating Ministry for Economic Affairs, told reporters.
Indonesia plans bonds to fund cheap loans for business
KONTAN.CO.ID - JAKARTA. Indonesia's government is planning to issue bonds aimed at raising funds for struggling businesses under plans to cushion Southeast Asia's biggest economy against the impact of the coronavirus disruption, an official said on Thursday. To support businesses and save jobs, the government has launched measures for certain sectors, including tax breaks and relaxing rules on imports. The planned new bonds will be issued in rupiah and the government is aiming to sell them to the central bank or private sector buyers, Susiwijono, secretary general at the Coordinating Ministry for Economic Affairs, told reporters.