Indonesia’s subnational governments (SNGs) play an important role in delivering infrastructure services and are responsible for implementing one-half of total government capital expenditure. Despite significant gaps, infrastructure investments by SNGs in Indonesia remain limited and rely mostly on central government transfers, while debt financing plays only a small role that has, until now, been constrained by multiple challenges. This note focuses...
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详细
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2024/01/15
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债务与信誉度研究
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186980
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1
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2024/01/16
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Disclosed
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Subnational Debt Financing in Indonesia