Indonesia: Strengthening Indonesia's Economic Early Warning System

Sovereign Project | 42212-012 Status: Closed

Project Details

Project Officer
Ginting, Edimon Southeast Asia Department Request for information
  • Indonesia
  • Technical Assistance
  • Public sector management
Project Name Strengthening Indonesia's Economic Early Warning System
Project Number 42212-012
Country Indonesia
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 7338-INO: Strengthening Indonesia's Economic Early Warning System
Republic of Korea e-Asia and Knowledge Partnership Fund US$ 500,000.00
Strategic Agendas Environmentally sustainable growth
Drivers of Change Governance and capacity development
Sector / Subsector

Public sector management - Economic affairs management

Gender Equity and Mainstreaming No gender elements
Project Rationale and Linkage to Country/Regional Strategy

Project Outcome

Description of Outcome
Progress Toward Outcome Implementation of the TA was succesfully implemented and competed in January-2014. The TA supported the Fiscal policy Office (FPO) to develop the blueprint of EWS+ in Indonesia, and at the same time, integrate Crisis Management Protocol (CMP) into the EWS+ system. The design for inter-agency cooperation was developed and can be used as the basis for a more comprehensive crisis management in Indonesia. The dashboards for the EWS+, which include the CMP, has also been developed, in which it integrates various aspects of the Indonesian economy, such as fiscal and banking sector, stock markets, and government debt. The dashboards can also provide timely information to the decision makers in the current and forecast conditions of the Indonesian economy. Therefore, the dashboards can serve as an important tool in inter-agency cooperation for crisis management in Indonesia. Moreover, the capacity building processes have developed the capacity of FPO MoF staffs in maintaining and developing the EWS+ system.
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues) The implemation of all components were completed. The scope of Component 2 (Strengthened and customized EWS) was extented to integrate the EWS into the Crisis Management Protocol. The scope of Component 3 was also expanded to include setting up the Economic Assistance Team to bring the results of EWS exercises into key policy making at Fiscal Policy Office.
Geographical Location Indonesia

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design Consultations took place with Ministry of Finance and Bank Indonesia in December 2008 and February 2009. A workshop had been organized by Ministry of Finance to outline the needs for the improvement of the EWS
During Project Implementation Fiscal Policy Office, Ministry of Finance, as the EA, are actively engaged in the implementation of the TA.

Business Opportunities

Consulting Services

1. Blueprint development for a strengthened EWS. Consultancy input: One international macroeconomic advisor (5 person months, intermittent).

2. Strengthened and customized EWS.

Consultancy input: Two senior domestic fiscal management specialists (2x12 person months), one junior domestic fiscal management specialist (1 x 12 person months).

3. EWS capacity development for Ministry of Finance.

Consultancy input: One international senior economist and economic policy advisor (1 x 4 person months), one domestic capacity development specialist and trainer (1 x 4 person months).

4. International workshop on enhancing economic surveillance and collaboration.

Consultancy input: One junior domestic fiscal management specialist (1 x 12 person months)

Responsible Staff

Responsible ADB Officer Ginting, Edimon
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Indonesia Resident Mission
Executing Agencies
Ministry of Finance
Frans Seda Building
Jln. Dr. Wahidin Raya No. 1
Jakarta 10710, Indonesia


Concept Clearance -
Fact Finding -
Approval -
Last Review Mission -
PDS Creation Date 03 Apr 2009
Last PDS Update 02 Apr 2014

TA 7338-INO

Approval Signing Date Effectivity Date Closing
Original Revised Actual
21 Aug 2009 29 Oct 2009 29 Oct 2009 31 Jul 2011 31 Jan 2014 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
0.00 500,000.00 50,000.00 0.00 0.00 0.00 550,000.00 21 Aug 2009 481,892.21

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Contracts Awarded

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Procurement Plan

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