Indonesian Political, Business & Finance News

World Bank loan

| Source: AFP

World Bank loan
for RI project

WASHINGTON (AFP): The World Bank announced it had approved a
US$104 million loan to Indonesia to fund a project to expand
junior secondary education.

The project includes expanding access to schools, improving
the quality of education and strengthening education management.

The project is estimated to cost $154.1 million.

The World Bank said Indonesia has one of the best rates of
education expansion in the world, has virtually attained
universal access to primary education and plans to increase
efforts to expand secondary education.

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