Development Policy Loan (III)

Period (Date of Loan Agreement):
    March 23, 2007


Amount Provided:
    11,777 million Yen

Executing Agency:
    Ministry of Finance

Key Points:
    Supporting policy and institutional reforms to improve the investment climate

The objective of this loan is to continue and accelerate various economic and public finance reforms, thereby contributing to policy reforms in Indonesia. Specifically, these reforms are based on the Medium-Term Development Plan (2004-2009) of the Indonesian government and seek to: (1) promote macroeconomic stability; (2) improve the investment climate; (3) improve public financial management and anti-corruption policies; and (4) reduce poverty. The loan was implemented in March 2007 cofinanced with the World Bank and the Asian Development Bank