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REUTERS 2020-11-12T04:12:20+00:00

Indonesia signs $1 bln loan deal with Australia for COVID-19 relief

Indonesia has signed a A$1.5 billion ($1.09 billion) loan deal with Australia's government to be used to help combat the coronavirus pandemic in the Southeast Asian country, Indonesia's finance minister Sri Mulyani Indrawati said on Thursday.

REUTERS 2025-09-12T10:37:38+00:00

Indonesia says banks must use government liquidity boost for lending

Indonesia's state-controlled banks must use 200 trillion rupiah ($12.2 billion) in new government funding for lending, and not to buy bonds, Finance Minister Purbaya Yudhi Sadewa said on Friday, as the government takes steps to boost credit growth.