Japan bank promises aid

Japan bank promises aid

JAKARTA (JP): The visiting governor of Export-Import Bank of Japan Hiroshi Yasuda promised yesterday to continue soft loan facilities if the Indonesian government maintains the country's macro-economic stability.

"We expressed our hope that the Indonesian government will be able to manage the country's economy prudentially so that we could continue our soft loans," he told newsmen after meeting with Vice President Try Sutrisno.

Yasuda said he also told the Vice President that maintaining the existing investment climate is essential to further attract direct investments from Japan.

"Exim Bank, as a financial institution is ready to help facilitate the flows of direct investment from Japan to Indonesia, by for example, providing more investment credits," he said.

He said that he also welcomes the government's plan to further introduce deregulation measures in the country's macro-economic activities.(hen)