News Asia12 Dec 2016

Indonesia:Infrastructure spending to push insurance business

12 Dec 2016

Indonesia's increased infrastructure budget for 2017 (IDR387 trillion [US$29 billion] from IDR317 trillion) is likely to spur economic growth and could lead indirectly to high demand for insurance products, says Fitch Ratings in its report "2017 Outlook: Indonesia Insurance Sector - Indonesia's Insurance to Grow in an Infrastructure-Driven Economy".

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