Indonesia's central bank to buy 30 billion USD of Gov’t bonds World

Indonesia's central bank to buy 30 billion USD of Gov’t bonds

Indonesia’s central bank will purchase government bonds worth up to 439 trillion rupiah (30.46 billion USD) in 2021 and 2022 under a new agreement with the country's Ministry of Finance, according to Reuter, citing CNBC Indonesia's report on August 23.
Indonesian government boosts health, social spending World

Indonesian government boosts health, social spending

The Indonesian government has decided to raise budget spending on health care and social protection to over 214.9 trillion rupiah from the previous 93.93 trillion rupiah (nearly 6.5 billion USD) within the framework of the national economic recovery (PEN).
Indonesia to set up 5 billion USD sovereign wealth fund World

Indonesia to set up 5 billion USD sovereign wealth fund

The Indonesian government is preparing 75 trillion Rp (5.1 billion USD) for the nation’s sovereign wealth fund (SWF) to attract investment and support the economy as global heavyweights from the United States to the United Arab Emirates have expressed interest to join.
Indonesia disburses 3.7 billion USD to support 12 SOEs World

Indonesia disburses 3.7 billion USD to support 12 SOEs

The Indonesian government has decided to spend 52.5 trillion Rp (about 3.7 billion USD) to help 12 state-owned enterprises (SOEs) resume their post-pandemic operations, towards reviving the national economy, said Finance Minister Sri Mulyani on June 3.