Indonesian Political, Business & Finance News

German aid for RI

| Source: JP

German aid for RI

JAKARTA (JP): Kreditanstalt fur Wiederaufbau, a German
financial institution, will provide DM 65 million (about US$39.07
million) in loans to Indonesia for healthcare, education and
resource protection.

The agency said on Friday that DM 23 million would be used to
finance a healthcare program in East Nusa Tenggara,

Another DM 24 million is earmarked for the Ministry of
Education and Culture to improve elementary school science
instruction.

A further DM 10 million will be used in the form of medicines,
drinking water purification stations and equipment for fighting
forest fires. The remaining DM 8 million will finance studies and
expert assignments to prepare future projects. (29)

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