JAKARTA (AFX-ASIA) – Indonesia has signed an agreement for a US$400 million loan from China, but no decision has been made on projects to be financed, Finance Minister Budiono said. Mr Budiono said the loan was promised by President Jiang Zemin during President Megawati Sukarnoputri’s visit to Beijing in March. The agreement was signed by…
INDONESIA: Jakarta signs US$400 million loan agreement with China; projects undecided
Posted on December 26, 2002 by EnergyAsia