NewzPresident Prabowo Subianto has formally acknowledged and welcomed the report provided by Deputy Minister of Finance Suahasil Nazara regarding the completion of government obligations related to the Bank Indonesia Liquidity Assistance (BLBI). The meeting, held in Jakarta, focused on the resolution of long-standing financial liabilities associated with the historical banking support program.
The completion of these obligations marks a significant milestone in the government's efforts to address the legacy issues stemming from the 1997-1998 financial crisis. By finalizing these settlements, the administration aims to conclude the recovery process for state funds that were disbursed to banks during the economic downturn.
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