| From Reuters: Indonesia said it raised more than expected in its first retail sharia-compliant bond and will go ahead with plans to tap a wider range of investors to finance a ballooning budget deficit as it tries to shield the economy from the global crisis.
The government has announced a 71.3 trillion rupiah ($5.97 billion) fiscal stimulus plan, including infrastructure spending, which is intended to boost slowing growth and create jobs as the country heads for elections..... Full Article: Source
|