The Ministry of Finance has signalled caution over the Jakarta\nprovincial government\u2019s plan to issue bonds.<\/p>\n
Suahasil Nazara said current global conditions were unfavourable,\nwith yields on central government bonds already rising.<\/p>\n
He made the remarks to journalists after attending the Indonesian\nChamber of Commerce and Industry\u2019s (Kadin) national leadership meeting\nin Jakarta on Friday (30 October 2026), when asked about Jakarta\u2019s\nbonds.<\/p>\n
Suahasil did not give a definitive answer on whether the Jakarta\nprovincial government could not yet issue bonds. He stressed that any\nissuance must comply with applicable regulations and take account of\nprevailing conditions.<\/p>\n
\u201cBonds are already governed by regulations. We will act in accordance\nwith those rules. But the conditions for issuing bonds must, of course,\nbe assessed continuously in light of what is happening. The global\nsituation is not good at the moment,\u201d he said.<\/p>\n
Asked whether that meant Jakarta could not yet issue bonds, Suahasil\nsaid the decision rested with each party, but had to take global\nconditions and the rules into consideration.<\/p>\n
He cited the rise in yields on central government bonds as a factor\nfor anyone considering an issuance.<\/p>\n
\u201cInterest rates on central government bonds have risen. This should\ncertainly be a consideration for anyone intending to issue bonds,\u201d\nSuahasil said.<\/p>\n
As an alternative, he said the central government was preparing\nvarious support options through the state budget (APBN). Discussions on\nthe matter would continue.<\/p>\n
\u201cWe are putting forward various options through the APBN, and these\nwill remain an ongoing topic of discussion,\u201d he said.<\/p>\n
According to Suahasil, communication with the Jakarta provincial\ngovernment was already under way. He cited projects in Jakarta funded\ndirectly or indirectly by the APBN, through either expenditure or\nfinancing.<\/p>\n
\u201cSome are funded through APBN expenditure, while others involve\nfinancing, such as the MRT. We continue to do this with all regional\ngovernments across Indonesia,\u201d he said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/finance-minister-signals-caution-over-jakarta-bonds-1793364656", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }