Indonesia signs US$1bil loan deal with Australia for Covid-19 relief


Visitors wearing protective face masks, look at an art visualized as a background during an exhibition, amid the coronavirus disease outbreak, in Jakarta. - Reuters

JAKARTA, Nov 12 (Reuters):Indonesia has signed a A$1.5 billion (US$1.09 billion) loan deal with Australia's government to be used to help combat the coronavirus pandemic in the South-East Asian country, Indonesia's finance minister Sri Mulyani Indrawati said on Thursday.

"Everybody, all parts of society, are hurt by this Covid-19 (outbreak) and the role of fiscal policy together with other instruments, like monetary policy, is very critical during this difficult time," Sri Mulyani told a streamed news conference.

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Indonesia , Loan , Australia , Covid-19 , Measures

   

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