KM Financial Solutions | Indonesian govt plans $8.6 bln coronavirus bailout for state firms
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Indonesian govt plans $8.6 bln coronavirus bailout for state firms

Indonesian govt plans $8.6 bln coronavirus bailout for state firms

Indonesia is planning an $8.6
billion bailout for 12 state-owned firms, to reduce the impact
of the coronavirus pandemic, mostly as cash compensation and
working capital investments, according to government documents
reviewed by Reuters.

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