World Bank loan to RI

Fri, 27 Jun 1997 | Source: REUTERS

WASHINGTON (Reuter): The World Bank said on Wednesday it had approved a US$66.4 million credit to help finance renewable energy sources in Indonesia.

World Bank officials have said they would like to see total donor aid to Indonesia remain at last year's levels of $5.26 billion this year.

They forecast strong economic growth in Indonesia this year, although they are worried about high core inflation rates and a relatively weak banking sector.

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