Wednesday, 22 July 2009

Indonesia may receive a US$ 1 billion grant from the US

Indonesia may receive a US$ 500 million-1 billion grant from the US as part of the Millennium Challenge Corporation (MCC) compact program, aimed to support the efforts to reach the Millennium Development Goals, especially for health services, law improvement and capacity building for government officials. The Head of the National Development Planning Agency (Bappenas) Paskah Suzetta said the government will involve the private sector in handling the fund.the target and luxury sales tax on imports Rp66.2 trillion or 69.8% of the target, she said.
Source: PA Asia - Public Affairs and CSR from Investor Daily, p.16 14 Jul 09

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