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Pramono Wants Jakarta to Issue Bonds, Here's Finance Minister Suahasil's Response
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4 Articles
Finance Minister Suahasil Nazara reminded regional governments, including the DKI Jakarta Provincial Government, to carefully calculate interest rate risks before issuing regional bonds.
Suahasil Nazara assessed that global conditions are not yet conducive to issuing regional bonds. The government is offering the Jakarta Provincial Government the option of using the state budget for financing.
The Minister of Finance emphasized that regional bonds must comply with applicable provisions.
Finance Minister Suahasil Nazara reminded that the issuance of regional bonds must comply with regulations. Jakarta's plan is still being discussed with the central government. Read here
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