Indonesia inks $5.2b loan pacts with Islamic Development Bank

Indonesia inks $5.2b loan pacts with Islamic Development Bank

Finance Minister Bambang Brodjonegoro (left) and President IDB Ahmad Mohamed Ali (right) - Photo by Vincencia NLS

Indonesia and the Islamic Development Bank (IDB) will sign a loan agreement, under the Member Country Partnership Strategy (MCPS), worth $5.2 billion to support the economic development activities over the 2016-2020 period.

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