RI gets $620m loan from ADB<\/p>\n
MANILA (AFP): Indonesia will receive a total of 620 million
\ndollars in loans from the Asian Development Bank (ADB) to help
\nfight poverty and malnutrition, the bank said on Thursday.<\/p>\n
The Manila-based bank Thursday approved loans amounting to
\n$300 million to help the government deal with worsening health
\nproblems and malnutrition plaguing women and children because of
\nthe Asian financial crisis.<\/p>\n
\"Families, particularly urban households, are much worse off
\nthan they were a year ago. The poor are less able to provide
\nadequate nutrition and cannot afford medical care,\" said Bill
\nFraser, ADB's health expert.<\/p>\n
The project involves stocking up health centers with vital
\ndrugs and vaccines, providing the basic nutrition needs for
\npregnant women and children and strengthening programs to control
\ncontagious diseases, the ADB said.<\/p>\n
Indonesia is hoping that the Japanese Overseas Economic
\nCooperation Fund will provide 300-million-dollar parallel
\nfinancing for the project, the ADB said.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/ri-gets-620m-loan-from-adb-1447893297",
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"sponsor": "Okusi Associates",
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