Nias Amongst Poorest Areas but Dramatic Increase in Revenues Offers Real Opportunity for Growth
Jakarta, August 28, 2007: The first Nias Public Expenditure Analysis released by the World Bank and BRR today highlights both the poverty in the tsunami and earthquake-ravaged island, as well as the hope that the four-fold increase in district revenues and reconstruction financing – together providing Rp1.7 trillion in 2006 for rebuilding the shattered island — presented a real opportunity for growth. (more…)