Two state-owned enterprises, export insurance Export PT Asuransi Indonesia (Asei) and loan guarantee Jamkrindo, each Rp 1 trillion euros (about U.S. $ 91 million) as part of the promotion in 2009.
The funds will be for three reasons: the continued robust exports, stimulate new export opportunities demand and avoid redundancies, despite the global economic recession, the Minister for SOEs said Didu said Wednesday.
Asei fund will be used to strengthen the company's ability to cover the exports. "This support will hopefully Asei the ability to export insurance, the promotion of exports of this year," he said.
Said added the insurance would help companies deal with various fees and charges as entrepreneurs face in the export of goods.
Exports were expected this year due to a decrease in demand by the impact of the global economic crisis.
The government says it is willing to Rp 50 billion of economic incentives to promote economic growth to be 5 percent this year compared with last year, 6.2 percent of the estimate.
As Jamkrindo said added, the new resources could increase its role in empowering the country, small and medium-sized enterprises - the company's principal clients.
"Jamkrindo use Rp 1 billion to add another Rp 20 trillion in assets," he explained. "The warranty covers more loans for small and medium-sized enterprises." (Dis)
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