Indonesia’s Ministry of Finance outlined efforts to mobilize international financing for exports, private investment and strategic projects through meetings led by Finance Minister Suahasil Nazara in Bangkok. Discussions with partner countries and international financial institutions covered export funding, capital market development, support for micro, small and medium enterprises, infrastructure and energy investment, and regional financial cooperation. The International Finance Corporation discussed cooperation with the Indonesia Eximbank to raise long term funding and external capital for export finance, particularly for agriculture, manufacturing, logistics, services and fisheries. It also supported wider financing access through PNM, OTO Finance and Amartha, with an emphasis on digital financial services, women entrepreneurs and rural communities, and plans to relocate some senior positions from Singapore to Jakarta. The World Bank expressed readiness to support digital financing for smaller businesses, the Agricollect agricultural initiative and health programs. Nazara also stressed the need for credible fiscal management and capital markets, including a broader investor base and thematic financing instruments. Talks with the Japan Bank for International Cooperation covered financing for projects including the Legok Nangka waste to energy facility in West Java and potential cooperation with PT Sarana Multi Infrastruktur. Discussions with Singapore focused on ASEAN carbon markets, blended finance for nature based solutions, infrastructure and energy connectivity through the ASEAN Power Grid, and the use of artificial intelligence and digitalization.

Original source