Jakarta, April 22 -- Indonesian Finance Minister Purbaya Yudhi Sadewa confirmed that the government has devised a definitive policy to settle the Chinese debt tied to the Whoosh Jakarta-Bandung high-speed train, focusing on the financial restructuring of operator PT KCIC.
Speaking at a symposium in Jakarta on Wednesday, he emphasized that discussions on the debt had concluded, with the outcome pending a government announcement.
He noted that he had conveyed the progress to the Chinese government, citing the railway project's pivotal role in bilateral ties.
"I have recently met with China's finance minister, knowing that this issue is closely tied to the long-term relations between Indonesia and China. I informed the Chinese finance min...
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