AIIB grants $ 500 million loan for Indonesia’s coronavirus response
JAKARTA, July 15 (Reuters) – The Beijing-based Asian Infrastructure Investment Bank (AIIB) approved a $ 500 million loan to Indonesia to support its response to COVID-19, announced Thursday the bank in a press release.
The AIIB has made two previous loans to Indonesia for its coronavirus response, bringing the bank’s total funding during the pandemic to $ 1.5 billion.
Reporting by Gayatri Suroyo Editing by Ed Davies
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