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World Bank

FILE PHOTO: A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo, Japan October 10, 2012. REUTERS/Kim Kyung-Hoon/File Photo
FILE PHOTO: A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo, Japan October 10, 2012. REUTERS/Kim Kyung-Hoon/File Photo

KONTAN.CO.ID - ​JAKARTA. The World Bank on Friday said it has approved a $250 million loan for Indonesia as it tackles the new coronavirus pandemic, helping the Southeast Asian country plug a ballooning fiscal deficit.

The money will be used to equip COVID-19 referral facilities, improve the capacity for intensive care and availability of personal protective equipment, and to strengthen the laboratory network and surveillance system, the bank said in a statement.

The loan was provided as part of coordinated financing efforts with other multinational banks, the Washington-based lender said.

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