Indonesia extends loan relief for some pandemic-hit sectors

Indonesia extends loan relief for some pandemic-hit sectors

Hijabs for sale are pictured at a stall of Tanah Abang textile market in Jakarta, Indonesia, November 5, 2019. REUTERS/Willy Kurniawan/Files

Indonesia has extended loan forbearance for businesses such as accommodation as well as the textile and footwear industries that are yet to recover from the impact of the COVID-19 pandemic, the country’s financial regulator said on Monday.