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)