World Bank approves $500mil financing for Indonesia disaster response; Covid-19 nearing 1 million


JAKARTA, Jan 22 (Reuters): The World Bank said on Friday it has approved a $500 million loan for Indonesia to strengthen its financial response to natural disasters, climate risks, and health-related shocks as its Covid-19 numbers blows over 965,000 and nears the dreaded one million mark.

"This support will help the government deliver a more targeted and timely response, reducing the impact of disasters and helping to protect Indonesia's development progress," Finance Minister Sri Mulyani said in a statement.

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