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Indonesia’s New Finance Chief to Keep $17 Billion in State Banks

Newseze Wire·Fri, Sep 18, 4:17 AMWire: Bloomberg Markets
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Indonesia’s New Finance Chief to Keep $17 Billion in State Banks

Indonesia’s new finance minister will retain the policy of his predecessor of keeping about $17 billion in the government’s standby funds with state lenders to help boost borrowing and economic activity.

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Indonesia’s new finance minister will retain the policy of his predecessor of keeping about $17 billion in the government’s standby funds with state lenders to help boost borrowing and economic activity. The story falls into Newseze's markets desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: Bloomberg Markets.
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