Jakarta, Oct. 31 -- Indonesia's President Prabowo Subianto has instructed his Cabinet ministers to devise the best possible scheme to resolve the debt problem of the Jakarta-Bandung High-Speed Railway (KCJB) project.
State Secretary Prasetyo Hadi conveyed the directive on Thursday evening, saying that Prabowo called for a thorough review of all financial scenarios, including options to extend the loan period to ease the project's financial burden.
The instruction was issued during a limited cabinet meeting on October 29 attended by Coordinating Minister for Economic Affairs Airlangga Hartarto, Finance Minister Purbaya Yudhi Sadewa, and Danantara CEO Rosan Perkasa Roeslani.
"Mr. Airlangga, the Finance Minister, and the Danantara CEO wer...
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