Indonesia: Capital Market Development Program Cluster - Subprogram 2

Sovereign Project | 32507-023 Status: Closed


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Project Name Capital Market Development Program Cluster - Subprogram 2
Project Number 32507-023
Country Indonesia
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 2577-INO: Capital Market Development Program Cluster - Subprogram 2
Ordinary capital resources US$ 300.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Knowledge solutions
Sector / Subsector

Finance - Money and capital markets

Gender Equity and Mainstreaming
Project Rationale and Linkage to Country/Regional Strategy

Project Outcome

Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location

Safeguard Categories

Environment C
Involuntary Resettlement C
Indigenous Peoples C

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation

Business Opportunities

Consulting Services -
Procurement The loan proceeds will be used to finance the full foreign exchange costs (excluding lcoal duties and taxes) of items produced and procured iN ADB member countries (other than items specified in the list of ineligible itmes and imports fiannced by other bilateral and multilateral sources). The Government will certify its compliance with this formula with each withdrawal request. Otherwise, import documentation under existing procedures will be required. ADB reserves the right to audit the use of the loan proceeds and to verify the accuracy of the Government's certification.

Responsible Staff

Responsible ADB Officer Rabin Hattari
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SERD
Executing Agencies
Cap. Mkt. & Financial Inst. Supervisory Agency
Gedung Soemitro Djojohadikusumo
Departemen Keuangan RI
Jl. Lap Banleng Timur 1-4, Jakarta 10170


Concept Clearance 20 Feb 2008
Fact Finding 10 Mar 2009 to 20 Mar 2009
MRM 19 Aug 2009
Approval -
Last Review Mission -
PDS Creation Date 28 Jul 2009
Last PDS Update 28 Jul 2009

Loan 2577-INO

Approval Signing Date Effectivity Date Closing
Original Revised Actual
16 Nov 2009 10 Dec 2009 17 Dec 2009 31 Mar 2010 - 31 Mar 2010
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 300.00 Cumulative Contract Awards
ADB 300.00 16 Nov 2009 300.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 16 Nov 2009 300.00 0.00 100%

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

Title Document Type Document Date
Indonesia: Capital Market Development Program Cluster Validations of Project Completion Reports Oct 2015

Related Publications

None currently available.

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