Indonesia to pay Whoosh HSR debt to China from state funds: Minister

Government

State Secretary Minister Prasetyo Hadi said technical discussions on the repayment mechanism are still underway, with negotiations led by the CEO of Indonesia’s sovereign wealth fund Danantara. JAKARTA: Indonesia will draw from state coffers to repay China for the archipelago’s Whoosh high-speed rail (HSR) project, its government said .  "Yes, the payment of Whoosh debt will be using the state budget," Indonesia State Secretary Minister Prasetyo Hadi, who is also President Prabowo Subianto’s

Indonesia to pay Whoosh HSR debt to China from state funds: Minister https://www.channelnewsasia.com - 12.02.2026 11:49
Indonesia to pay Whoosh HSR debt to China from state funds: Minister https://www.channelnewsasia.com/ - 12.02.2026 10:21

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Indonesia to pay Whoosh HSR debt to China from state funds: Minister https://www.channelnewsasia.com - 12.02.2026 11:49
Indonesia to pay Whoosh HSR debt to China from state funds: Minister https://www.channelnewsasia.com/ - 12.02.2026 10:21