Policy Information
China's China Development Bank allocates funds to Indonesian Railways to solve high-speed rail overruns
China's China Development Bank (CDB) has allocated US$448 million (Rp 6.9 trillion) to Indonesian Railways (KAI), a loan that will be used to cover the cost of the Jakarta-Bandung High-Speed Railway, also known as the "Whoosh" High-Speed Railway project, which will...
Indonesia Promotes Local Currency Settlement to Strengthen Regional Economic Stability
Perry Wajiyo, the governor of Indonesia's central bank, recently announced a new financial strategy that will see the start of local currency settlements for cross-border transactions with India and Saudi Arabia. Wajiyo was speaking at a Jakarta ...
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