President to launch loan plan for migrant workers
Wahyoe Boediwardhana, The Jakarta Post, Surabaya | Sun, 12/12/2010
President Susilo Bambang Yudhoyono is scheduled to launch a loan program for migrant workers during his upcoming three-day visit to Surabaya.
Yudhoyono will be in Surabaya from Monday to Wednesday.
The loan plan for migrant workers aims at providing low interest credit for Indonesians before going overseas for work.
The loans would be provided by state-owned banks Bank Negara Indonesia, Bank Rakyat Indonesia and Bank Mandiri.
Each migrant worker could borrow around Rp 5 million (US$550).
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