CURRENT

Indonesia signs US$1 bln (RM4.1 bln) loan deal with Australia for Covid-19 relief

12 Nov 2020, 3:07 AM
Indonesia signs US$1 bln (RM4.1 bln) loan deal with Australia for Covid-19 relief

JAKARTA (Reuters) - Indonesia has signed a A$1.5 billion / US$1.09 billion (RM4.5 billion) loan deal with Australia's government to be used to help combat the coronavirus pandemic in the Southeast 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.

Indonesia has recorded the highest number of coronavirus infections and fatalities in Southeast Asia, with 448,118 cases and 14,836 deaths by Wednesday, according to the country's Covid-19 task force.

— Reuters

What do you think?

Latest
MidRec
Media Selangor
About Us

Media Selangor Sdn Bhd (MSSB), a subsidiary of Menteri Besar Selangor Incorporated (MBI), is the official media agency of the Selangor State Government. In addition to the Media Selangor news portal (formerly known as Selangorkini & Selangor Journal), Media Selangor also publishes newspapers in Mandarin, Tamil, and English.

Properties
MS: f922288e558c3b7b1d99bd47484377b4
EN: cd68e718a4d41dc8ef70c9d27c60e1f1
ZH: 100cdec69db9bc7fd9f175cab704a072
TA: 7b60ca9b9b7a9838dc33c5db6fb6f38c
TV-MS: 5c53513d790774360d169f98c36ce619