Finance
Finance Minister Says IKN Is Too Quiet, Bali Emerges as Strong Contender for Indonesia’s International Financial Center
- calendar_month Thursday, 2 Jul 2026
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JAKARTA – The Indonesian government is continuing discussions on the establishment of an International Financial Center (IFC) as part of its broader strategy to strengthen the country’s position as a global investment destination. Finance Minister Purbaya Yudhi Sadewa indicated that the new capital city, Nusantara (IKN) in East Kalimantan, is unlikely to become the location […]