“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Monday, December 27, 2010

RI to get US$600 million loan from S Korea

Antara News, Monday, December 27, 2010

Jakarta (ANTARA News) - Indonesia is to receive a loan from South Korea under the Economic Development Cooperation Fund (EDCF) scheme worth US$600 million, an official said.

"The loan aims to support development and economic activity in Indonesia specifically in three areas, namely technology, green growth and infrastructure," Director General for Asia Pacific Cooperation at the Foreign Affairs Ministry TM Hamzah Thayeb said here on Monday after attending a ceremony marking the signing of the loan`s framework with South Korean Ambassador to Indonesia Kim Ho-Young.

Hamzah said the loan would be given with a low interest, namely 0.15 to 0.2 percent per year. However, he stated, the government had not yet decided which projects should be financed with the loan. "We are still studying it," he said adding that technical matters regarding the loan would be handled together by the Finance Ministry and the National Development Planning Agency (Bappenas).

He expressed hope that the loan would increase the employment rate in Indonesia as well as increase the country`s revenue from improving industry and economic activity.

Meanwhile, South Korean Ambassador Kim Ho-Young said the EDCF scheme was one of his country`s ways to enhance bilateral cooperation with Indonesia. "I think Indonesia has a great potential for economic growth. There is still much room for bilateral cooperation between Indonesia and South Korea," he said.

ECDF is a program to extend financial loans to 47 developing countries in the world with the aim of supporting the stability of economy and industry of the partnering countries as well as enhance South Korea`s relations with them.

Indonesia itself has been receiving loans from ECDF since 1987 in varying amounts. The latest financial commitment executed under the scheme was between 2007 and 2009 worth US$149.9 million.

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