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RE: LeoThread 2025-12-14 17-07

in LeoFinance2 days ago

Part 10/16:

By 2025, Indonesia was paying hundreds of millions annually in interest payments—an unsustainable drain on national finances. The government sought to extend loans and negotiate lower interest rates, proposing that extending the line to Surabaya would boost ridership and revenue, but skepticism persisted. The entire financial architecture appeared fragile, with many accusing the project of becoming a "debt bomb" that could explode in the country's economic future.

Environmental and Social Costs: Foundation of Scandal