World Bank Approves Aid for Development Programs in Indonesia

The World Bank has approved USD1 billion in loans for

in Indonesia. The money will support the country's efforts to strengthen financial management and governance, increase infrastructure investments, construct new water facilities and improve public services delivery. The bank is also committing USD77.8 million for the development of an

for health professional schools in the Southeast Asian archipelago.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.