Donec rutrum congue leo eget malesuada. Nulla quis lorem ut libero malesuada feugiat. Curabitur non nulla sit amet nisl tempus convallis quis ac lectus.
Nulla quis lorem ut libero malesuada feugiat. Sed porttitor lectus nibh. Donec rutrum congue leo eget malesuada. Donec rutrum congue leo eget malesuada. Pellentesque in ipsum id orci porta dapibus.
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.
Indonesia's 10-year tenor credit default swap surged 556 basis points, triggered by a series of rallies that led to chaos, weak economic data, and volatile political situation.
Even though this year’s non-tax revenue gets a boost from Bank Indonesia’s reserve assets and the state-owned enterprises’ dividend, the government can no longer rely on it anymore in the future.