Indonesia and ADB
In the Spotlight
ADB has approved a $400 million program loan to help Indonesia develop its financial sector, including expanding access to financial services for poor households.
The Asian Development Bank and Indonesia’s PT Sarana Multi Infrastruktur (PT SMI) have agreed to work together on public-private partnerships to develop infrastructure projects in Indonesia.
ADB Chief Economist Shang-Jin Wei discusses the impact of this week's decision by the People’s Bank of China to loosen the renminbi exchange rate.
ADB Country Director for Indonesia Steven Tabor assumed office on 9 June 2015, and looks forward to further enhancing ADB's support for the Government of Indonesia’s efforts to foster inclusive economic growth and poverty reduction.
Between 2011 and 2014 well over a million people received electricity for the first time in Asia and the Pacific. Indonesian village chief Lede Duaga's children can study at night and there's now internet and television in the village too. Results videos are snapshots of the impact of ADB's work in poverty reduction in Asia and the Pacific.
An ADB-World Bank study documents key issues that have constrained the development of Indonesia's geothermal power sector, and makes a set of comprehensive recommendations to unlock the sector's potential.
Education and skills are central to Indonesia’s growth prospects in the next decade. It now has the opportunity to capitalise on the substantial progress that has been made in expanding access to education.
Indonesia’s economic growth is expected to accelerate again over the next 2 years if the new government can keep up its momentum on structural reforms such as sharply reducing fuel subsidies, says a new ADB report.
On the Indonesian island of Sumatra, constructing a rural road became the opportunity for a rural community to develop the local economy and take charge of its own future.
Indonesia boasts the largest economy in the Association of Southeast Asian Nations (ASEAN), and the 16th largest worldwide. The country has recorded strong economic growth over the past 6 years, and has made significant strides in reducing the incidence of poverty. The new government has pledged to enhance the country’s competitiveness by accelerating infrastructure development, improving human resource development, and implementing bureaucratic reforms.
ADB adapts its support for Indonesia to reflect the complex development needs of a rapidly evolving middle-income country. The focus of assistance has moved from an emphasis on agriculture in the 1970s, to energy, urban infrastructure, and education in the 1980s, to finance sector reform and resilience in the late 1990s.
Projects in Indonesia
- Community-Focused Investments to Address Deforestation and Forest Degradation
- Preparing the GEODIPA Geothermal Power Development Project
- Sustainable and Inclusive Energy Program (Subprogram 1)
- Financial Market Development and Inclusion Program, Subprogram 1
- Flood Management in Selected River Basins Sector Project