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Indonesia’s New Finance Chief to Keep $17 Billion in State Banks
Source: Bloomberg
Fiscal Policy & BudgetBanking & LiquidityEconomic Data
Indonesia's new finance minister will retain roughly $17 billion of government standby funds at state-owned lenders, continuing his predecessor's policy. The funds are intended to support bank lending, borrowing activity and broader economic growth, signaling policy continuity rather than a new fiscal initiative.
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