Economy
Indonesia Prepares New Payment Plan for the 116 Trillion Rupiah Debt of the Whoosh High-Speed Train
Harian Jogja
Key Points
- 1. The government is preparing a new payment plan for the 116 trillion Rupiah debt of KCIC Whoosh.
- 2. The measures to be taken aim not to burden the state budget (APBN).
- 3. The process of transferring various assets as part of the debt is currently ongoing.
By the Numbers
1. 116 trillion Rupiah debt
The Indonesian government is preparing a new plan for the debt payments of 116 trillion Rupiah owed by KCIC, the company operating the Whoosh high-speed train project running between Jakarta and Bandung. The government's main priority is to prevent this massive debt from creating an additional burden on the state budget, APBN.
The process of transferring assets continues in order to resolve the debt issue. It is stated that the mentioned asset transfer and new financial arrangements are planned to ensure the sustainability of the project.
React to this story
Ask about this story
Answers are AI-generated from this story only.
Frequently Asked Questions
- Q: How much is the debt of the Whoosh high-speed train?
- A: The total debt of the KCIC company, which operates the Whoosh high-speed train, is announced as 116 trillion Rupiah.
- Q: Will the government use the state budget for this debt payment?
- A: No, the government is preparing a new financial scheme to prevent this debt from creating an additional burden on the state budget (APBN).
- Q: What process is currently being carried out to solve the debt problem?
- A: The transfer procedures of the relevant assets are still ongoing in order to alleviate the debt burden.
This is an AI-generated summary. The full story lives at the source.
Read the full story at the sourcenews.harianjogja.comHow we produce our content →Related stories
Economy