www.bisnis.com - JAKARTA: The government sets a limit on issuance of Islamic Countries (SBSN) for project financing in 2013 amounted to R1, 0 billion.
Financial Notes and Draft Budget 2013, the government will seek to accelerate impementasi sukuk issuance to finance the project.
"For fiscal year 2013, the government set a maximum issuance SBSN Project Rp1, 0 trillion.
SBSN issuance limit is prepared for a period of 1 year budget, "the government said in a Memorandum of Finance and Budget 2013. (source)
Showing posts with label bappenas. Show all posts
Showing posts with label bappenas. Show all posts
Thursday, August 23, 2012
Friday, April 20, 2012
INDONESIA - CAPITAL MARKETS - ISLAMIC BOND: Government postpones bond issuance to 2013
www.bisnis.com - JAKARTA: The government announced plan to postpone issuance of Islamic bond (sukuk) for financing project from second semester 2012 to 2013.
Dahlan Siamat, Director of Sharia Financing at Directorate General of Debt Management of Ministry of Finance, said the plan to issue sukuk, or project financing sukuk, has not been included in the revised State Budget (APBNP) in 2012 which was passed last March.
"I think project financing is rather difficult. It is impossible to be issued this year, maybe next year, because it must be approved by the House first," Dahlan said here on Tuesday (17/04/2012). (source)
Dahlan Siamat, Director of Sharia Financing at Directorate General of Debt Management of Ministry of Finance, said the plan to issue sukuk, or project financing sukuk, has not been included in the revised State Budget (APBNP) in 2012 which was passed last March.
"I think project financing is rather difficult. It is impossible to be issued this year, maybe next year, because it must be approved by the House first," Dahlan said here on Tuesday (17/04/2012). (source)
Saturday, May 14, 2011
FINANCE - IDB Providing $3.3b to Help Indonesia Hit Growth Target
The Islamic Development Bank on Wednesday agreed to provide as much as $3.3 billion of financing through 2014 to speed Indonesia’s economic growth.
“We are focusing on poverty, health and infrastructure. In line with IDB’s strategic priorities, we are committing to provide soft loans for its member, including Indonesia,” bank president Ahmad Mohammed Ali said. (full story)
“We are focusing on poverty, health and infrastructure. In line with IDB’s strategic priorities, we are committing to provide soft loans for its member, including Indonesia,” bank president Ahmad Mohammed Ali said. (full story)
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