Indonesian Political, Business & Finance News

USDA amends RI credits

| Source: REUTERS

USDA amends RI credits

WASHINGTON (Reuter): The U.S. Agriculture Department said it amended the allocation of U.S.-backed loan guarantees issued to Indonesia under the Export Credit Guarantee Program (GSM 102).

Indonesia can now purchase 100 percent cotton yarn and 100 percent cotton fabrics, the USDA said.

The total fiscal 1996 authorization for sales to that country remains unchanged at US$160 million, USDA said.

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