Govt settles remaining BLBI-related debt from 1998 crisis
The government has fully settled its remaining debt related to the Bank Indonesia Liquidity Assistance (BLBI) program issued during the 1997-1998 financial crisis, using Rp 55 trillion in Bank Indonesia surplus funds.
The Indonesian government has fully settled its remaining debt linked to the Bank Indonesia Liquidity Assistance (BLBI) program from the 1997-1998 financial crisis, using excess funds from Bank Indonesia. Finance Minister Suahasil Nazara announced the settlement in August 2026, utilizing Rp 55 trillion in BI surplus funds. This brings to an end the government's obligations related to bonds issued during the crisis to address the financial turmoil.
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