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Indonesia, US strengthen cooperation in infrastructure financing

Indonesian Minister of Finance Sri Mulyani Indrawati and his US counterpart Steven T. Mnuchin remotely completed the signing of the Cooperation Framework to Strengthen Infrastructure Finance and Market Building on September 18.
Indonesia, US strengthen cooperation in infrastructure financing ảnh 1Workers complete the Purwosari overpass project in Surakarta, Central Java, on June 16. (Photo: Antara)

Jakarta (VNA) – Indonesian Minister ofFinance Sri Mulyani Indrawati and his US counterpart Steven T. Mnuchin remotelycompleted the signing of the Cooperation Framework to Strengthen InfrastructureFinance and Market Building on September 18.

The deal is a joint effort of the two countries in encouragingthe private sector to support infrastructure project, and creating favourableconditions for the development of the financial market thus providing moreinvestment to infrastructure expansion.

The initiative is expected to deal with capital demandsamidst Indonesia’s developing infrastructure system.

Indonesian financial officials held that the cooperation issuitable to the National Medium Term Development Plan of Indonesia.

It is also expected to help strengthen cooperation betweenthe two countries./. 
VNA
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