Tuesday
September 26
2023

ADB Approves $500 Million Loan to Support Indonesia’s Development Agenda and Reform Priorities

The Asian Development Bank (ADB) has approved a $500 million loan on 22 September to support Indonesia’s development agenda and reform priorities in creating an enabling environment for investments, easing trade barriers, and upscaling enterprises. This second of three subprograms of the Competitiveness, Industrial Modernization, and Trade Acceleration Program (CITA) builds on the success of the first subprogram approved in October 2021.

Photo courtesy of Pictures of Money.

Source: Asian Development Bank (link opens in a new window)

Categories
Investing
Tags
accelerators, MSMEs, scale, women entrepreneurs