A man is seen cooking a traditional porridge to be shared when Muslims break their fast during the Islamic holy month of Ramadan, at a mosque in Blang Bintang, Aceh province on Tuesday (April 28). Bank Indonesia is poised to buy sovereign bonds directly from the government on Tuesday (April 28), underscoring a massive shift that is playing out in Asia’s investment landscape. - AFP
JAKARTA: Bank Indonesia is poised to buy sovereign bonds directly from the government on Tuesday (April 28), underscoring a massive shift that is playing out in Asia’s investment landscape.
From Jakarta to Wellington, policy makers are challenging taboos and creeping closer toward the monetization of government debt, breaking new ground after the U.S. and Europe took the lead in crisis management a decade ago.
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