Jakarta Issues Rp 5.2 Trillion Municipal Bond for LRT and Hospital Projects
The Jakarta administration is moving forward with its inaugural municipal bond issuance, increasing the target amount to approximately Rp 5.2 trillion ($290.22 million). This represents an upward revision from the previously proposed Rp 3.5 trillion, a shift Jakarta Governor Pramono Anung attributed to a reassessment of the city’s priority infrastructure and healthcare financing requirements. Allocation … Read more