JAKARTA (The Jakarta Post/ANN): The government is looking to raise Rp 10 trillion (US$711.6 million) from a new series of domestic retail bonds to fund the country’s fiscal deficit and Covid-19 vaccination programme, the Finance Ministry announced on Monday (Jan 26).
“The proceeds will be used to fund the pandemic handling and economic recovery [efforts] including the mass vaccination [programme], ” financing and risk management director general Luky Alfirman of the Finance Ministry said during the launch of the new bond issue on Monday.
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