International Finance

Tag : Joko Widodo


ADB, partners to help energy sector drive Indonesia’s growth

Country’s energy industry has suffered underinvestment due to subsidies October 8, 2015: The Asian Development Bank (ADB) has approved a $500 million loan, including $100 million from the ADB-administered ASEAN Infrastructure Fund, to help stimulate Indonesia’s energy sector, support the government’s reform agenda, and unleash the sector’s potential as a key engine of sustainable economic...