Jakarta, Nov. 4 -- The debt issue in the Jakarta-Bandung high-speed rail project, known as Whoosh, has been a growing concern for the Indonesian government in recent months.

The total investment for the railway project reached US$7.27 billion, or approximately Rp120.38 trillion, with about 75 percent of the funding sourced from a China Development Bank (CDB) loan carrying an annual interest rate of two percent.

The Whoosh debt has drawn public scrutiny, with total liabilities estimated at around Rp116 trillion (US$7 billion), raising concerns about financial sustainability and potential impacts on the state budget.

Finance Minister Purbaya Yudhi Sadewa stressed that the government will not use the state budget to service the project's ...