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Indonesia Raises Billions In Bonds To Fund Budget Shortfall As Christians Pray For Stability
By Stefan J. Bos, Worthy News Chief International CorrespondentJAKARTA (Worthy News) – Indonesia tried to raise money on international financial markets Wednesday amid concerns over fiscal pressures in Southeast Asia’s largest economy, which recently faced one of its sharpest stock market downturns in decades.The government returned to global investors by selling bonds overseas — essentially borrowing money from international buyers who receive fixed interest payments in return.Indonesia p