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ADB's $1 Billion Loans to Support Fiscal Reform, Investment-Led Growth in Indonesia
June 08, 2018
MANILA, Philippines, June 8 -- The Asian Development Bank issued the following news release:

The Asian Development Bank's (ADB) Board of Directors has approved two policy-based loans--at $500 million each--to help Indonesia strengthen fiscal and public expenditure reform and promote quality investment, bolstering the country's efforts to reduce poverty and income inequality.

The first loan will support the Fiscal and Public Expenditure Management Program (FPEM . . .

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