WB aids RI's auditors

WB aids RI's auditors

WASHINGTON (DPA): The World Bank announced Wednesday approval of a US$16.4 million loan to Indonesia to help improve government auditing of public finances and make allocation of resources more efficient and effective.

The total cost of the BPK Audit Modernization Project is estimated at $26.6 million, the bank said.

The funding shortfall will be made up by the Indonesian government. BPK is Indonesia's government auditing board.