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Joko Widodo increases debt during pandemic, Rizal Ramli: pay interest, you have to pay more debt, get worse

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TRIBUNNEWS.COM – The Embassy of the Federal Republic of Germany representing its government announced the signing of a debt agreement.

The operation in question is worth 550 million euros.

Regarding this agreement, the Indonesian government officially binds the bilateral loan, which is equivalent to 9.1 trillion rupees.

Now the agreement has been signed separately.

The two venues used for the signing process are the office of the German Development Bank (KFW) in Frankfurt, Germany and the Ministry of Finance, Jakarta.

The agreement was signed as part of Covid-19 Active Response and Expenditure Support or CARES.

Also read: State debt continues to rise during pandemic, former finance minister Rizal Ramli criticizes Jokowi: empire!

Also read: Gibran Rakabuming Electrocute FPI’s unfair crowdfunding accusation, Jokowi’s son speaks out

Also read: Simulation of the Corona vaccine in Puskesmas Bogor, Jokowi: we are preparing for distribution throughout the country

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Suddenly, the policy of attracting new debt from abroad to overcome this corona has been the subject of much criticism.

Given Indonesia’s current debt burden, it is considered high enough.

Reviews from various public figures began to arrive.

Including former Minister of Finance (Menkeu) Rizal Ramli.

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