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economic-rescue-program

World 5 years ago

EU's 'moment of truth' as leaders debate virus rescue

The leaders of the European Union held their first face-to-face summit in five months Friday, but the reunion seems unlikely to bridge their divide over a post-virus economic rescue plan.

Business 5 years ago

Bond financing to swell further as Finance Ministry plans to issue samurai bonds

The Finance Ministry plans to issue samurai bonds, or yen-denominated bonds, later this year to help cover the widening deficit.

Business 5 years ago

Govt rolls out $43b stimulus in bid to rescue economy

Finance Minister Sri Mulyani Indrawati said the “national economic recovery” program would include a strengthened social safety net, tax incentives, capital injections into SOEs and interest rate subsidies for MSMEs, among other measures.