In April 2013, the World Bank set a new goal to end extreme poverty in a generation. Our target is to have no more than 3 percent of the world’s population living on just $1.25 a day by 2030.
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IBRD Loan: US$750 millionTerms: Maturity = 24.5 years; Grace Period = 9 yearsProject ID: P113638 Project Description: The Sixth Development Policy Loan for Indonesia supports the G... Show More +overnment of Indonesia's reform efforts in i) improving the investment climate through strengthened investment service institutions and regulations (revised investment negative list, simplified investment licensing procedures), enhanced trade facilitation as well as reduced tax burden and improved tax administration; ii) strengthening public financial management through improved results orientation in the budget process, streamlined budget execution and improved cash management as well as improved public procurement systems; iii) enhancing poverty reduction and improving service delivery efforts through increased handing for poverty programs, improved targeting of poverty programs and improved poverty measurement. Show Less -