ADB gives $188.6m loans to Indonesia<\/p>\n
MANILA: The Asian Development Bank (ADB) announced on Saturday
\nthat it was extending two loans worth US$188.6 million to
\nIndonesia.<\/p>\n
The first package, of two loans totaling $100 million, will go
\nto improving primary health care in the Indonesian provinces of
\nBangka Belitung, Central and South Kalimantan, East and West Nusa
\nTenggara, Gorontalo, South Sulawesi and South Sumatra.<\/p>\n
Another loan package, totaling $88.6 million, will go to
\nupgrading housing in Indonesia's urban areas, including slums and
\nsquatter settlements, the ADB said in a statement from its
\nheadquarters in the Philippines.<\/p>\n
The project will also fund investments to provide links to
\ncitywide networks of urban services such as feeder roads while a
\nportion of the ADB loan will be \"re-lent to central financial
\ninstitutions to establish a housing financing system,\" for the
\npoor.<\/p>\n
About 40 percent of Indonesia's population of 212 million live
\nin cities.<\/p>\n
Conditions in many urban areas have continued to deteriorate,
\naggravated by the impact of the 1997 economic crisis, the ADB
\nsaid, noting that only one third of the urban population has
\naccess to piped water.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/adb-gives-1886m-loans-to-indonesia-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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