Establishment of a Contingent Facility for the Government of Indonesia
Preparation against Volatility in Global Financial Markets

  • Area: Asia
  • Others

JBIC signed a loan agreement with GOI establishing a contingent facility. This contingent facility is designed to strengthen GOI's capacity to deal with volatility in global financial markets and support GOI measures for enhancing the stability and durability of the Indonesian economy in cooperation with the World Bank, the Asian Development Bank, and the Australian government. Enhancing Indonesia's credit standing in global financial markets and improving the stability of the Indonesian economy will contribute to the financial stability in Japan and the entire Asian region.
 

 

 

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