Off the wire
• Chinese premier pledges new progress for relations with France  • Hungarian authorities halt train packed with refugees headed for border  • Xinhua Insight: China announces troop cut ahead of its first war victory parade  • Center for asylum seekers set on fire in Estonia  • Sri Lanka's new opposition leader opposes moves for larger cabinet  • Indian stocks snap losing streak  • Weather forecast for major Chinese cities, regions -- Sept. 3  • China Focus: Chinese mark V-Day with joy and bitter memory  • Weather forecast for world cities -- Sept. 3  • Germany' s Reus to miss both European Qualifiers encounter  
You are here: 　 Home

ADB scales up loan commitment to Indonesia

Xinhua, September 3, 2015 Adjust font size:

The Asian Development Bank (ADB) will increase its loan commitment to Indonesia by 40 percent to 2. 2 billion U.S. dollars next year to support infrastructure development in the Southeast Asian country, a top official of the lender said here on Thursday.

"Indonesia certainly needs much more financing for bigger-scale development," ADB Vice President Bambang Susantono said after meeting Indonesian Vice President Jusuf Kalla at the vice presidential office.

The Indonesian government is stepping up construction of infrastructure projects in the country to help spur economic growth. Endi