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Jakarta rules out bank bailouts in new laws
Finance Minister Bambang Brodjonegoro says he doesn't want state budget to be exposed to financial crisis problems
Published Fri, Mar 11, 2016 · 09:50 PM
Jakarta
INDONESIAN policymakers on Friday eliminated state finances as a potential source of support for troubled banks in changes made to proposed financial crisis management laws.
The change is among a number of items proposing state intervention that were removed from an earlier draft on crisis management framework.
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