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PT 'Waskita" Toll Road is still waiting for reimbursement of toll road bailout funds from the government. The Public Works and Public Housing Minister had previously wanted bailout to be transferred to DIPA funds.
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Foreign capital outflow reached US$ 1.2 billion until the third quarter of 2019, reflecting investor concerns on more slowdown in economic conditions due to political unrest.
The government is still pursuing funding through bonds issuance, eyeing Rp 7 trillion from five Sukuk series auction next week. It expects to invite more investors since the Sukuk auctions offer higher coupons than the bonds auctioned this week.