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Australia’s A$1.5 billion COVID-related loan to Indonesia

The Australian Government has unexpectedly announced that Australia will make a $ 1.5 billion COVID-related support loan to Indonesia. Australia’s assistance program to Indonesia has lagged somewhat in recent years. Indeed, the fall in support to Indonesia had begun to attract comment. But in one stroke, Treasurer Josh Frydenberg’s announcement late last week significantly strengthened Australia’s economic diplomacy in Southeast Asia, writes Peter McCawley.

Indonesia COVID-19 Aid & Development

How Australia has Gained from Multilateralism

Indonesia’s development has been supported over several decades by one of the largest sustained multilateral aid efforts since the Second World War. As former aid official and Indonesia expert Peter McCawley writes, Australia too has been a major beneficiary in terms of the regional stability and security aid has helped deliver, but its contribution to the total has been relatively small.

Australian Foreign Affairs Aid & Development Trade & Investment