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.