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Bank Indonesia Governor has asserted that private infrastructure financing could boost growth to 6.5%

Bank Indonesia Governor Perry Warjiyo has asserted that private infrastructure financing could boost growth to 6.5%. “‘If infrastructure financing is sourced from private companies, foreign capital will enter,’ he added. ‘This is [part of] the BI and OJK’s [Financial Services Authority] concrete steps toward narrowing the current account deficit, while at the same time, boosting growth in the medium and long terms,’ said Perry.”

Government seeks more PPP funds

Finance Minister Sri Mulyani Indrawati says the government is pursuing ‘public-private partnerships’ “The Finance Ministry has decided to enhance the role of public-private partnerships (PPP) to boost the construction of public facilities and export financing as it announced on Monday infrastructure projects set to be financed through the scheme. Sri Mulyani, a former WB managing director, assigned four of the Finance Ministry-backed financing firms to help mediate funds from the government and the private sector, and plan their utilization for eight infrastructure projects.”