ID :
24540
Wed, 10/15/2008 - 15:23
Auther :
Shortlink :
http://m.oananews.org//node/24540
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RP75 BILLION ALLOCATED FOR INVESTMENT IN ENVIRONMENT
Mataram, W Nusa Tenggara (NTT), Oct 15 (ANTARA) - The Environment Ministry is allocating 6.25 million euros or about Rp75 billion for investment in the environment, which is being carried out through a debt-for-nature swap (DNS) program, an official said.
Deputy to the environment minister for incentive and environment funding affairs, Laksmi Dhewanthi, said here on Wednesday that the funds had been channeled since 2006 and the investment would be carried out until 2010.
Speaking after attending a workshop on environment for micro businesses, Dhewanthi said some Rp5 billion were channeled in 2006 while a total of Rp17.1 billion were provided in 2007. It is expected that for 2008, a sum of Rp16 billion would be distributed.
"For 2009, the fund for investment on the environment is expected to reach Rp17 billion," she added.
The funds which were derived from the writing-off of Indonesia's debts to German government were channeled through Bank Syariah Mandiri with a soft loan of 5.5 percent per annum.
The DNS program is intended to improve the quality of the environment in Indonesia through the channeling of the funds for small-business who had limited access to banks for obtaining clean production equipment and pollution control.
Deputy to the environment minister for incentive and environment funding affairs, Laksmi Dhewanthi, said here on Wednesday that the funds had been channeled since 2006 and the investment would be carried out until 2010.
Speaking after attending a workshop on environment for micro businesses, Dhewanthi said some Rp5 billion were channeled in 2006 while a total of Rp17.1 billion were provided in 2007. It is expected that for 2008, a sum of Rp16 billion would be distributed.
"For 2009, the fund for investment on the environment is expected to reach Rp17 billion," she added.
The funds which were derived from the writing-off of Indonesia's debts to German government were channeled through Bank Syariah Mandiri with a soft loan of 5.5 percent per annum.
The DNS program is intended to improve the quality of the environment in Indonesia through the channeling of the funds for small-business who had limited access to banks for obtaining clean production equipment and pollution control.
