Experts doubt Indonesia govt’s plan to restrict bond issuance by ailing SOEs


FILE PHOTO: A man walks past screen at the Indonesia Stock Exchange building in Jakarta, Indonesia, September 6, 2018. REUTERS/Willy Kurniawan

JAKARTA: The government plans to restrict financially unsound state-owned enterprises (SOEs) from issuing bonds in the hope of preventing them from defaulting on payments.

The plan was outlined by SOE Minister Erick Thohir during a meeting with the House of Representatives earlier this month.

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