| From Reuters: Indonesia raised a total of 6.15 trillion rupiah ($515.5 million) from its debt auctions on Tuesday, more than double its target, to help fund its ballooning budget deficit and shield the economy against a global downturn.
The bond sales are a critical part of the government's funding for a budget deficit that is now forecast to reach 2.6 percent of gross domestic product in 2009 and as the global economic slowdown is taking its toll on Indonesia's commodity and other exports..... Full Article: Source
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