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Indonesia Lawmakers Back US$ 522 Million Capital Top-up for Airline Garuda

Jumat, 22 April 2022 | 19:54 WIB
Indonesia Lawmakers Back US$ 522 Million Capital Top-up for Airline Garuda

ILUSTRASI. Indonesian lawmakers on Friday approved the government's plan to top up Garuda Indonesia's (GIAA) capital by 7,5 trillion rupiah (US$ 522,43 million) this year. REUTERS/Willy Kurniawan

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Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - JAKARTA. Indonesian lawmakers on Friday approved the government's plan to top up Garuda Indonesia's (GIAA) capital by 7,5 trillion rupiah (US$ 522,43 million) this year, once the carrier reaches a debt settlement with creditors. A government official said.

The approval was decided by a group of lawmakers tasked to deliberate on the government's strategy to save the debt-laden airline. Said Arya Sinulingga, an aide to the state-owned enterprises minister.

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