On October 14, 2018, the World Bank announced funding of up to $1 billion to the Government of Indonesia for relief and reconstruction efforts in the disaster-affected areas of Lombok and Sulawesi.
- It would be guided by a US$5 million grant for technical assistance for resilient and community-led reconstruction detailed planning.
- The Package will include the following:
- Cash transfers to the poorest 150,000 affected families for a period between 6 months to one year,
- Finance rebuilding of critical public facilities and infrastructure assets: hospitals, schools, bridges, roads, highways, water supply infrastructure,
- Strengthening monitoring and early warning systems,
- Reconstruction of housing settlements and neighborhood level infrastructure and services.
Other News:
- According to a survey by the World Bank, The estimated physical loss is around $531 million (IDR 8.07 trillion). It is detailed as follows:
- Residential housing – approximately US$181 million (IDR 2.75 trillion)
- Non-residential sector – approximately US$185 million (IDR 2.82 trillion)
- Infrastructure – approximately US$165M (IDR 2.5 trillion).
- This report does not account for loss of life, lost land or the disruption to the economy through lost jobs, livelihoods and business.
Indonesia:
♦ Capital: Jakarta.
♦ Currency: Indonesian rupiah.
♦ President: Joko Widodo.