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World Bank offers disaster-hit Indonesia $1 billion in loans
NUSA DUA, Indonesia, Oct 14, 2018 (BSS/AFP) – The World Bank on Sunday
announced funding of up to $1 billion for Indonesia after it was rocked by a
string of recent disasters including a deadly earthquake-tsunami that killed
thousands.
“The World Bank is making up to $1 billion available to the Indonesian
authorities to use once they get a full understanding of what may be needed,”
its CEO Kristalina Georgieva announced in Bali, where the Bank and the
International Monetary Fund have been holding their annual meetings.
BSS/AFP/HR/1225