Bank restructuring being restructured
(Indonesia) - Indonesia is reportedly looking to give "special treatment" for strategic sectors including textiles, electronics and pulp and paper in the restructuring of company debt.
The Indonesian Bank Restructuring Agency (IBRA) sees such treatment as necessary in accelerating recovery after four years of political and economic turmoil. The "special" sectors have historically been the country's largest export earners.
The special measures being pondered in Jakarta include spending more time in key sectors and consideration to longer repayment periods.
The special measures being pondered in Jakarta include spending more time in key sectors and consideration to longer repayment periods.
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