Tokyo has pledged 213.7 billion yen in economic assistance to Indonesia, Foreign Ministry officials said July 17.
The assistance includes up to 195.25 billion yen in loans for 19 projects ranging from construction of roads and electric power generating facilities to flood prevention. The pledge was made at the Consultative Group Meeting for Indonesia, attended by 18 countries and 11 international organizations, on July 16 and July 17.
Some 18.5 billion yen in grant-in-aid will be extended for welfare, education and other areas. Indonesia was the largest recipient of Japanese economic aid in 1996, receiving $965.5 million.