Indonesian Political, Business & Finance News

Germany to give another $90m to RI

| Source: JP

Germany to give another $90m to RI

JAKARTA: Germany will provide an additional 76 million euros
(US$90 million) to those in Indonesia -- the most affected by
last year's earthquake and deadly tidal waves -- to further
deepen and strengthen its long-standing development cooperation,
the German Embassy in Jakarta says.

On Dec. 26, last year, a deadly tsunami devastated Nanggroe
Aceh Darussalam and North Sumatra provinces and killed more than
126,000 people.

The $90 million, which includes 4 million euros ($4.6 million)
for emergency avian flu measures -- will be used to support
ongoing projects in Aceh.

"The now committed funds will be used mainly for the
continuation of ongoing initiatives in the focal areas of health,
economic reform and transport as well as the cross cutting issue
of decentralization/governance," the embassy said in a press
release sent to The Jakarta Post.

Earlier, Germany -- one of the biggest donors to tsunami
victims -- provided 65 million euros to Indonesia for the
reconstruction of Aceh and Nias, North Sumatra. -- JP

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