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Worse yet, interest rates are now on the rise worldwide, so Indonesia is likely to face higher financing costs for the public debt.
ECONOMIST: Indonesia's election
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In other words, a foreign inflow, as well as financing good things such as public infrastructure and corporate investment, is also associated with debt defaults, inflation and currency crises.
ECONOMIST: Economics focus
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We will also include two new issues on the financial agenda: financing investment as a basis for economic growth and job creation, and modernising national public borrowing and sovereign debt management systems.
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