IBRD Loan: US$300 million
TERMS: Maturity = 24.5 years; Grace period = 9 years
PROJECT DESCRIPTION: The project will contribute to the realization of the National Program for Community Empowerment’s (PNPM's) overall development goals, namely to reduce poverty and improve local-level governance in rural areas of Indonesia through the provision of investment resources to support productive proposals developed by communities, using a participatory planning process. The project consists of (i) block grants; (ii) facilitation support; (iii) goods, consultants' services, training and workshops; and (iv) incremental operating costs.
