Indonesian government plans $8.6 billion coronavirus bailout for state firms

JAKARTA (Reuters) - Indonesia is planning an $8.6 billion bailout for 12 state-owned firms, to reduce the impact of the coronavirus pandemic, mostly as cash compensation and working capital investments, according to government documents reviewed by Reuters.The government has proposed to parliament to provide 128.04 trillion rupiah ($8.63 billion) in financial support to the companies, according to Ministry of Finance documents presented in a May 11 meeting with parliament's financial..