Indonesian Political, Business & Finance News

ADB's loan to Indonesia

| Source: AFP

ADB's loan to Indonesia

MANILA (AFP): The Asian Development Bank (ADB) yesterday said it had approved a US$78.6-million loan to promote self-reliance among Indonesia's poor.

The loan will go to developing a mechanism for reducing poverty through self-help groups and small loans and through training in 12 Indonesian provinces where the bulk of the country's poor reside, the ADB headquarters in Manila said.

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