News analysis

Indonesia's new strategy in disaster financing

Govt to insure state assets, expand coverage for citizens, explore 'catastrophe bonds'

New: Gift this subscriber-only story to your friends and family

Indonesia spent an average of 4.4 trillion rupiah (S$400 million) a year, in the last 12 years, funding emergency responses to natural disasters that hit the country.

The funds were disbursed for search and rescue work, the evacuation of victims, and provision of basic needs.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

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

A version of this article appeared in the print edition of The Straits Times on October 26, 2018, with the headline Indonesia's new strategy in disaster financing. Subscribe