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Japan OKs ¥83 bil in extra loans for new Indonesia port

13 Comments

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13 Comments
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Give the money away and not think about your people first

-2 ( +6 / -8 )

Rivera...it is a LOAN buddy

0 ( +3 / -3 )

Who really say Japan doesn't have money?

-11 ( +0 / -11 )

BTW...google "Marshall Plan "....series of huge LOANS made to Euro states post WW2 to help in reconstruction.

Loans often made between Governments.

Crikey....Australia borrowed from the UK to build the Sydney Harbour Bridge.

1 ( +3 / -2 )

Dont know why Indonesia doesn't just print money out and lend to itself. Why borrow from Japan, which has no money to lend?

-3 ( +2 / -5 )

Tora...Pres, Trump may have a job for you in his Economics Department.

Just print money and lend it to yourself.

Works for me.

2 ( +5 / -3 )

They will never get their money back and all the under the table money and blackmail money that is used that won’t go far. They might have just spied for a pier. lol

-5 ( +1 / -6 )

リッチToday 11:31 am JST

They will never get their money back

How do you know?

all the under the table money and blackmail money that is used that won’t go far.

Any evidence for this "under the table money and blackmail money?"

sakurasukiToday 07:19 am JST

Who really say Japan doesn't have money?

Not many people say that as far as I'm aware.

1 ( +4 / -3 )

RiveraToday 07:15 am JST

Give the money away and not think about your people first

The government can, and does, help others as well as its own citizens. It's not an either-or choice.

And development aid -- even whilst being the correct thing to do from a human perspective -- isn't completely altruistic either. It also benefits Japan through increased trade, better transport links, better people-to-people links, better security environment, etc.

Japan has the right idea on international development, and JICA and the Japanese government are well respected. There's a reason why Japan is regularly cited as the region's most trusted partner.

1 ( +5 / -4 )

Japan will provide Indonesia with an additional 83.4 billion yen in low-interest loans...

Low interest? I thought interest was un-Islamic and not allowed in Muslim countries.

-2 ( +0 / -2 )

Mr KiplingToday 06:22 pm JST

Low interest? I thought interest was un-Islamic and not allowed in Muslim countries.

Indonesia is a secular state per the constitution.

1 ( +2 / -1 )

Indonesia is a secular state per the constitution.

No it isn't.

Chapter X1 of the constitution states

"The state shall be based upon the belief in the one and only God." "The State guarantees all persons the freedom of worship, each according to his/her own religion or belief."

The term "low interest" may be for Japanese audiences, the actual loan may be through" Islamic financing". which seems to me to be a way of paying interest without calling it interest.

0 ( +1 / -1 )

Nah...Mr. Kippling....you did not prove your point about "Islamic constitution "

Isabelle has got your number...she is right

1 ( +1 / -0 )

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