Selasa, Februari 11, 2014 | Issue Number : 2336

Government Capital Deposits in Commercial Banks

The Minister of Finance (“Minister”) recently issued Regulation No. 3/PMK.05/2014 on Placement of Government Funds in Commercial Banks (“2014 Regulation”). This new regulation sets outs rules and procedures for the deposit by the Government of surplus budget funds in commercial banks.

Prior to the 2014 Regulation, the same matter was regulated under Ministerial Regulation No. 03/PMK.05/2010 on the Management of Surplus or Shortage of Government Capital (“2010 Regulation”).

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Prior to the 2014 Regulation, the same matter was regulated under Ministerial Regulation No. 03/PMK.05/2010 on the Management of Surplus or Shortage of Government Capital (“2010 Regulation”).

......

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