WB offers disaster-hit Indonesia $1b loans

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AFP, Nusa Dua :
The World Bank on Sunday announced funding of up to $1 billion for Indonesia after it was rocked by a string of recent disasters including a deadly earthquake-tsunami that killed thousands.
“The World Bank is making up to $1 billion available to the Indonesian authorities to use once they get a full understanding of what may be needed,” its CEO Kristalina Georgieva announced in Bali, where the Bank and the International Monetary Fund have been holding their annual meetings.
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