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Indonesia parliament passes bill to set up international financial centres

Reuters

Indonesia parliament passes bill to set up international financial centres Reuters

The Indonesian parliament has passed a bill to establish international financial centres, according to Reuters. The legislation aims to create special economic zones with financial services hubs to attract foreign investment and boost the country's economy. The bill was approved on [date not specified], and its implementation is expected to follow. The move is part of Indonesia's broader strategy to enhance its competitiveness in the global financial market. Details on the specific locations and operational frameworks of these centres have not been disclosed yet.

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