Thursday, March 18, 2010

Asian Development Bank (ADB) Giving loan to Indonesia

Monday, May 18, 2009, 3:11
This news item was posted in Economic, Indonesia category and has 0 Comments so far.

Asian Development Bank (ADB) Giving loan fund of U.S. $ 225 million for Indonesia. Loans given to the reform program the country’s financial review. Head of Finance said Farzana Ahmed ADB in Jakarta, Thursday (16/12).

Farzana explained, the loan was distributed in two forms: programs and projects. Loan program worth U.S. $ 200 million. Half of the amount planned to be distributed that day later. While the U.S. $ 100 million and the rest disbursed in June 2006.

While the project loan fund of U.S. $ 25 million will be used for training and examination system of financial period 2005-2009. Farzana said, the program checks finance reform this country can be a corruption in Indonesia.

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