Tag: Maritime Affairs and Fisheries


  • DPR Approves Rp2 Trillion to Repay Spain Maritime Loan

    DPR Approves Rp2 Trillion to Repay Spain Maritime Loan

    Overview: Why the Rp2 Trillion Payment Makes Headlines Indonesia’s House of Representatives, known as the DPR, has approved an additional Rp2 trillion (about US$120 million) to the Ministry of Maritime Affairs and Fisheries (KKP). The funds are earmarked to repay a Spanish loan tied to the Maritime and Fisheries sector’s development program. The decision marks…