Japan offers Indonesia US$473 million loan to fight COVID-19

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JAKARTA: Japanese Prime Minister Yoshihide Suga said on Tuesday (Oct 20) that his country will provide 50 billion yen (US$473 million) in ...

JAKARTA: Japanese Prime Minister Yoshihide Suga said on Tuesday that his country will provide 50 billion yen in low-interest loans to Indonesia to support its fight against COVID-19.

The low-interest loans will be used for Indonesia's measures against natural disasters, in addition to the nearly 32 billion yen in loans Japan gave in February this year.This is intended to free up Indonesian resources to be used to fight COVID-19. The Southeast Asian nation has seen the worst outbreak in the region with more than 360,000 confirmed infections and more than 12,000 related deaths.

Suga, who is on the second leg of his first overseas trip since taking office, said he also agreed with Widodo to start discussions on resuming business travel between their countries and to hold security talks between their defence and foreign ministers at an early date.

 

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