Diaspora bonds are part of Indonesia’s plan to reduce high foreign ownership of securities. Photo: EPA

Indonesian wants overseas diaspora including domestic workers to help it cut reliance on foreign funds

  • Jakarta is studying so-called diaspora bonds as it strives to reduce the high proportion of its securities that are in foreign ownership
  • This can be achieved by expanding the country’s domestic investor base, according to Luky Alfirman, from the finance ministry
Topic |   Indonesia

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Diaspora bonds are part of Indonesia’s plan to reduce high foreign ownership of securities. Photo: EPA
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