IDB ​Lend​s​ up to $5.2 billion to Indonesia

The Islamic Development Bank Group has agreed to loan Indonesia up to $5.2 billion for development programs until 2020, according to a joint statement issued after the IDB’s annual meeting in Jakarta this month. The Saudi based lender said it could also lend directly to Indonesia’s state-owned enterprises with sovereign guarantees. Indonesia’s Finance Minister Bambang […]