Posted inIndonesia

Money not reaching Indonesia’s virus victims

JAKARTA – Indonesian Finance Minister Sri Mulyani Indrawati, perhaps President Joko Widodo’s most valued Cabinet member, has good reason to treat one expression like the plague she is confronting: it is called “moral hazard.” Indrawati, who celebrates her 58th birthday this month, knows all about moral hazard, which according to its economic definition occurs when a party […]

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