BI’s Bankrupt!

Talk of liquidating Bank Indonesia is no longer taboo. Indeed, for the last two weeks it has been the talk of the town. BI’s balance sheet is thought to show a heavy deficit as a result of the Bank Indonesia liquidity credit fiasco at the height of the country’s economic collapse. As a result of this bungled emergency aid program, the central bank has ended up with liabilities of some Rp24.5 trillion. If there is no other way to rescu

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