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Jakarta Post
The Jakarta Post
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Govt approves redenomination proposal

  • Ester Samboh

    The Jakarta Post

Jakarta | Wed, December 7 2011 | 10:39 am

PREMIUM The government has approved Bank Indonesia’s proposal to omit three zeros off the Indonesian currency, a minister says.

Finance Minister Agus Martowardojo said on Tuesday that the government would submit a draft law on the redenomination plan to the House of Representatives (DPR) next year to support the program.

The minister said that the draft of the redenomination bill, which wa...