Indonesia govt issues 'pandemic bonds'


JAKARTA: Indonesia will issue some US$27bil in so-called "Pandemic bonds" to finance efforts to deal with the health crisis and economic impact due to the Covid-19 (coronavirus) outbreak, the government announced on Tuesday (April 7).

Factory activity in South-East Asia's biggest economy hit a record low, with Japanese automakers Suzuki and Honda becoming the latest firms to announce temporary production suspensions at their plants in the archipelago.

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