Indonesia Secures Massive World Bank Crisis Funding

The World Bank offered a USD2 billion public expenditure support facility to help Indonesia weather the global economic slowdown. According to the

, the funding may be used if tightened market liquidity conditions persist and the government's access to international or domestic financial markets becomes limited.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.