Catalog

	Table of Contents
p. 15 of 27 BACK | NEXT Executive Summary I. Background II. The Government's Development Priorities and Outlook III. Strategies and Programs of Other International Funding Agencies IV. ADB's Development Experience A. Summary of ADB Assistance B. Portfolio Status C. Evaluation of the Previous Country Strategy and Program D. Implications for the COS V. ADB's Strategy VI. Risks, Performance, and Monitoring

Country Operational Strategy Studies - Indonesia : IV. ADB's Development Experience

---

A. Summary of ADB Assistance

104. ADB's annual lending to Indonesia in the years preceding the crisis was about $1 billion-1.2 billion.²⁵ During the crisis, lending commitments increased substantially to $1.84 billion in 1998 and $1.52 billion in 1999, reflecting significant quick disbursing assistance. In 2000 the level will be over $800 million—close to precrisis levels.

105. ADB lending to Indonesia began in 1969. As of 31 December 2000, ADB had approved 254 loans (excluding private sector loans without Government guarantee) totaling $17.9 billion. Of these, 48 loans totaling $1.0 billion are from the Asian Development Funds (ADF) and 206 loans amounting to $16.7 billion are from Ordinary Capital Resources (OCR). The two largest sectors of ADB assistance were social infrastructure (38 percent) and agriculture and natural resources (31 percent). Lending to financial sectors increased sharply during the crisis, as did the use of program lending (Table 2).

106. As of end December 2000, ADB had approved about $166.0 million for 408 technical assistance (TA) projects. Of that number, 179 were advisory, reflecting the importance of institution building, and sector, policy, and issue-oriented studies in ADB operations. TA to Indonesian institutions was wide-ranging. Agriculture and natural resources had the largest number of TAs, followed by social infrastructure. Together, these sectors received 63 percent of the total TAs and of the cumulative TA funds approved.

Back IV. ADB's Development Experience	Next B. Portfolio Status