Tempointeraktif.com - World Bank Increases Loan to Indonesia

World Bank Increases Loan to IndonesiaFriday, 17 October, 2008 | 23:55 WIBTEMPO Interactive, Jakarta:Indonesia will receive an additional US$ 500 million loan from the World Bank next year, making a total of US$ 1,9 billion from the previous US$ 1,4 billion."The loan will be used for refinancing and ongoing programs such as infrastructure, education and health, " announced State Minister of National Development Planning/National Development Planning Board chairman Paskah Suzetta yesterday.The World Bank is also ready to provide a standby loan of US$ 2 billion.Paskah explained that the standby loan will only be disbursed if Indonesia's economic growth is less than six percent next year.

Tempointeraktif.com - World Bank Increases Loan to Indonesia

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