Indonesian Political, Business & Finance News

Japan pledges $2b for RI

| Source: REUTERS

Japan pledges $2b for RI

TOKYO (Reuters): Prime Minister Ryutaro Hashimoto said
yesterday that Japan will extend a total of US$2 billion in loans
to Indonesia.

Of the total, $1 billion would come be in the form of
bilateral loans through the Export-Import Bank of Japan and the
other $1 billion would come out of $5 billion in loans Japan
promised as part of a rescue package drawn up by the
International Monetary Fund (IMF) in November, Hashimoto said.

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