Indonesia Secures ADB Loan for Economic, Financial Reforms

The Asian Development Bank will provide USD350 million in loan to back economic and financial management reforms in Indonesia. “One of the aims is that the country can improve its public services which can be a benchmark for good economic conditions,” ADB director general for Southeast Asia, Arjun Thapan, said. (“ADB lends USD350 million for RI’s reform programs” - Jakarta Post, Dec. 8, 2008)

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