JAKARTA, Dec. 6 (Chinese media) -- Indonesian government lines up standby loan of
about 5 billion U.S. dollars for 2009 from Japan, Australia and some world
financial agencies such as the World Bank, the Jakarta Post reported on
Saturday.
Indonesian financial authorities are worried that it would be difficult to
raise funds through selling bonds or secure loans next years due to the global
economic routs that would be getting worse.
Indonesian Finance Minister Sri Mulyani Indrawati was quoted by the
newspaper as saying that the loans could be drawn anytime when needed.
Indonesia is predicted to have budget deficit at around 2.7 trillion rupiah
(232.2 million U.S. dollars) next year.
Indonesia has slashed its 2009 growth forecast from 6.3 percent to 4.5-5
percent in 2009, as global economic turmoil would tilt the world into recession.
Posts
No comments:
Post a Comment