Indonesia to contribute 3.73 trillion rupiah to China's AIIB in 2016: Official

JAKARTA (REUTERS) - Indonesia will make available 3.73 trillion rupiah (S$373.51 million) to China-backed Asian Infrastructure Investment Bank (AIIB) next year, Mr Suahasil Nazara, head of fiscal policy office at finance ministry, said on Tuesday (Oct 6).

Indonesia has said it will contribute US$672.1 million (S$957 million) of capital for AIIB in five years, making it the eight largest shareholders in the bank.

Join ST's Telegram channel and get the latest breaking news delivered to you.