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The World Bank on Thursday approved new loans worth $1.08 billion to Indonesia to improve infrastructure, investment conditions and health services.
The bank's board of executive directors agreed to lend $750 million to improve investment climate. Further, $250 million is approved for infrastructure development and $77.82 million is agreed for public and private health-professional training.
These loans have a maturity of 24.5 years and a grace period of nine years.
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