From detiknews · Brigitta Belia Permata Sari · · 40s
Jakarta Switches Funding to Loans and DBH
Jakarta shifts funding from unapproved bonds to loans and revenue shares.
In brief
Jakarta shifts funding from unapproved bonds to loans and revenue shares. Jakarta's provincial government switches to loans from SMI and revenue shares after central government hasn't approved local bonds. Originally reported by detiknews.
Jakarta's Funding Shift
Jakarta's provincial government switches to loans from SMI and revenue shares after central government hasn't approved local bonds.
“Hal yang berkaitan dengan obligasi, memang sampai hari ini belum mendapatkan persetujuan”
Pemprov DKI's Decision
Pemprov DKI will use revenue shares and SMI loans with low interest rates as immediate funding alternatives.
“Maka kami sudah memutuskan apa yang menjadi kesimpulan atau keputusan bersama antara Pemerintah DKI Jakarta dengan DPRD Provinsi DKI Jakarta”
Continuity of Construction
Jakarta's construction projects continue without changes to the original plans despite funding shift.
“Tapi intinya bahwa yang paling penting pembangunan di Jakarta tidak akan mengalami perubahan”
The essence
Jakarta's provincial government switches to loans from SMI and revenue shares after central government hasn't approved local bonds.
