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Japan offers Indonesia US$473 million (RM1.9 billion) loan to fight Covid-19

21 Oct 2020, 1:01 AM
Japan offers Indonesia US$473 million (RM1.9 billion) loan to fight Covid-19

JAKARTA, Oct 21 — Japanese Prime Minister Yoshihide Suga said on Tuesday that his country will provide 50 billion Japanese Yen (US$473 million or RM1.962 billion) in low-interest loans to Indonesia to support its fight against Covid-19.

The offer was made to Indonesian President Joko Widodo during talks held near Jakarta, reported Vietnam News Agency quoting Kyodo News.

Suga, who is on the second leg of his first overseas trip since taking office, said he also agreed with Widodo to start discussions on resuming business travel between their countries and to hold security talks between their defence and foreign ministers at an early date.

Suga arrived in Jakarta in the afternoon from Hanoi, where he met with his Vietnamese counterpart Nguyen Xuan Phuc on Monday.

The visit to Indonesia will complete his four-day trip until October 21.

His four-day trip to the two Southeast Asian countries takes place as the Suga is working to promote Japan’s Free and Open Indo-Pacific vision.

— Bernama

 

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