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IDB Offers Rp 66 B Loan to Indonesian Government

26 June 2015 16:06 WIB

Kantong beras yang dibagikan kepada ribuan warga dalam pembagian Zakat Fitrah di Masjid Istiqlal, Jakarta, 27 Juli 2014. Masjid Istiqlal memberikan zakat berupa 30 ton beras. Tempo/Dian Triyuli Handoko

TEMPO.CO, Jakarta - Mohammad Jamal Alsaati, the head of delegation for the IDB (Islamic Development Bank), offered US$ 5 Billion (Rp 66.6 billion) in support of the Indonesian Government for 2015.

"As one of the founding countries of the IDB, Indonesia is a good [place for] investment," Jamal said at the National Development Planning Board on Friday, June 26 2015.

Dewo Broto Joko Putranto, Foreign Funding Director of the National Development Agency, said that the IDB fund will be allocated for the government's need in accordance with the 2015-2019 Medium Term National Development Plan (RPJMN).

The two parties have agreed to determine five priority development sectors that will be covered by the fund, including the development of sharia finance and increased efforts in the eradication of poverty. The fund will also be used to increase exports and investment in IDB's 55 member countries, the development of public private partnership (PPP), and to develop better infrastructure.

ALI HIDAYAT



Indonesia Maintains Its Macroeconomic Stability With Good Consumer Confidence

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Indonesia Maintains Its Macroeconomic Stability With Good Consumer Confidence

Indonesia's macroeconomic stability is maintained with good consumption and adequate foreign exchange reserves.


Jokowi, Sri Mulyani Discuss Macroeconomics and 2024 State Budget

20 Februari 2023

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Jokowi Critical Against Sandiaga Uno`s Macroeconomics Approach

15 April 2019

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Jokowi was critical against Sandiaga Uno's use of individual testimonies to represent the condition of Indonesia's macroeconomy.


Money Should Serve People, Not the Other Way Around, Pope Said

19 Oktober 2018

Money Should Serve People, Not the Other Way Around, Pope Said

The Pope is urging once again that the world leaders should
really serve public interests as well as consider ethics and
solidarity.


West Java Experienced Economic Growth

19 Oktober 2018

West Java Experienced Economic Growth

The growth is driven by solid domestic demands and export
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BKPM Sets 2014 Investment Target at Rp504 Trillion

19 Oktober 2018

BKPM Sets 2014 Investment Target at Rp504 Trillion

BKPM is targeting 2014's actual investment to reach Rp504 trillion with most of it
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Indonesia is Region's Fastest Growing Corporate Bond Market  

19 Oktober 2018

Indonesia is Region's Fastest Growing Corporate Bond Market  

With 12.1% growth, Indonesia's corporate bond market becomes the fastest
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Indonesian Banks Book Rp 95.30 Trillion Profits

19 Oktober 2018

Indonesian Banks Book Rp 95.30 Trillion Profits

"The profit marks the highest record in the banking industry so
far," said Eko B Supriyanto, InfoBank Magazine's Research Bureau
Director.


FEALAC as East Asia, Latin America Connectors

19 Oktober 2018

FEALAC as East Asia, Latin America Connectors

FEALAC stands for 'Forum for East Asia and Latin America
Cooperation', a ministerial forum of East Asian and Latin
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BI Hopes Jokowi Effect Continues

19 Oktober 2018

BI Hopes Jokowi Effect Continues

Investors are expecting positive news related to Jokowi's
cabinet and concrete steps during his tenure.