WORLD BANK OFFERS DISASTER-HIT INDONESIA $1 BN IN LOANS

Nusa Dua, Indonesia (AFP) Oct 14, 2018 The World Bank on Sunday announced funding of up to $1 billion for Indonesia after it was rocked by a string of recent disasters, including a deadly earthquake-tsunami that killed thousands. CEO Kristalina Georgieva unveiled the funds at Indonesian holiday island Bali, where the Bank and the International Monetary Fund have been holding their annual meetings. A 7.5-magnitude quake and a

Terra Daily (Date:10/15/2018 11:52) Read full article >>

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Indonesia: Indonesia , officially the Republic of Indonesia , is a sovereign state in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 17,508 islands. It encompasses 34 provinces with over 238 million people, making it the world's fourth most populous country. Indonesia's republ
- Indonesia Wikipedia
World: World is a common name for the whole of human civilization, specifically human experience, history, or the human condition in general, worldwide, i.e. anywhere on Earth.
International: International mostly means something involving more than a single country. The term international as a word means involvement of, interaction between or encompassing more than one nation, or generally beyond national boundaries. For example, international law, which is applied by more than one coun
Sunday: Sunday is the day of the week between Saturday and Monday. For some Christians, Sunday is observed as a day for worship of God and rest, due to the belief that it is Lord's Day, the day of Christ's resurrection.
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Monetary: Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-economic context or country. The main functions of money are distinguished as: a medium of exchange a unit of account a store of value and, occasionally in the past, a s
International Monetary Fund PhotoInternational Monetary Fund: The International Monetary Fund is an international organization that was created on July 22, 1944 at the Bretton Woods Conference and came into existence on December 27, 1945 when 29 countries signed the Articles of Agreement. It originally had 45 members. The IMF's stated goal was to stabilize ex
Bali: Bali is a province of Indonesia. The province covers a few small neighbouring islands as well as the isle of Bali. The main island is located in the westernmost end of the Lesser Sunda Islands, lying between Java to the west and Lombok to the east. It is one of the country's 34 provinces with the pr
Kristalina Georgieva: Kristalina Ivanova Georgieva is a Bulgarian economist and politician, currently serving as European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response in the second college of the Barroso Commission.