WB lays out RI four-year lending program

[Indonesia promotor]

The Jakarta Post , Jakarta | Sat, 09/13/2008 10:02 AM |
Business

The World Bank, one of the country's major donors, will provide
Indonesia with nearly US$2 billion in aid per year for the next four
years to support national development programs. The Bank pledged its
commitment Thursday in Washington (Friday, Jakarta time) through a
Country Partnership Strategy (CPS) for the period 2009 to 2012, a
media statement said. According to the commitment, the Bank will
assist Indonesia with building the capacity of institutions related to
environmental sustainability and disaster mitigation, education,
poverty reduction, community development and social protection,
infrastructure and private sector development. The Bank said the
commitment reflected its overriding confidence in a country that,
facing a massive economic crisis ten years ago, has gone on to become
"a confident middle-income country," thanks to years of reform. More
information: http://www.itpponline.biz/JKP1309082.htm