Banks to contribute to Infra fund

Banks to contribute to Infra fund
Published: 27 December 2004


Indonesia’s Chief Economics Minister Aburizal Bakrie said local banks are expected to contribute Rp40 trillion (US$4.44bn) to fund needed to finance the government infrastructure projects in the next five years. Bakrie said around Rp200 trillion are expected to come from domestic sources to carry out the program which is estimated to cost more than Rp1,000 trillion.