Indonesia’s Finance Minister has signed a memorandum of understanding (MoU) in the context of Indonesia’s participation within the Asian Infrastructure Investment Bank (AIIB). The AIIB is a new multilateral international financial institution (initiated by China) that is to provide funds for infrastructure projects in the Asia Pacific region. This new institution is seen as a challenge to the World Bank, International Monetary Fund (IMF), and Asian Development Bank (ADB) which are all regarded as being dominated by developed countries.
Update COVID-19 in Indonesia: 3,372,374 confirmed infections, 92,311 deaths (30 July 2021)
30 July 2021 (closed)
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