The Second and Third Development Policy Support Programs for Indonesia comprised a program cluster of two loans that built upon the first program that took effect in December 2005. All the three programs cofinanced the Development Policy Loan series provided by the World Bank and the Government of Japan as support for the Government of Indonesia's Medium-Term Development Plan for 2004-2009. The Development Policy Loan series was meant to harmonize policy reform support from key development partners, as committed to by the ADB in the Rome Declaration on Harmonization (February 2003) and the Paris Declaration on Aid Effectiveness (March 2005). The policy support program series manifests and deepens ADB's commitment to support sector-specific reforms as embodied in its Country Strategy and Program 2006-2009.
This report validates the completion report's assessment of the program which aims to improve macroeconomic stability and creditworthiness, improve investment climate, improve public financial management, and improving public service delivery in Indonesia. IED overall assessment: Successful