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LOANS & CREDITS

Indonesia: Third Development Policy Operation

December 19, 2006



IBRD LOAN: US$530 million
TERMS: Grace Period=5 years; Maturity=20 years
IDA CREDIT: US$70 million
TERMS: Grace Period=10 years; Maturity=35 years
PROJECT DESCRIPTION: The main objective of the loan is to support the Government of Indonesia to further deepen reforms in four main areas: macroeconomic stability and creditworthiness, public financial management and governance, the investment climate, and services for the poor. The program brings together the Asian Development Bank, the Government of Japan, and the World Bank on a common platform to support Indonesia’s reform agenda.


Media Contacts
Mohamad Al-Arief
Tel : (202) 458-5964
malarief@worldbank.org

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