Indonesia: Strengthening the Local Government Bond Market

Sovereign Project | 48169-001 Status: Active

Project Details

Project Officer
Hattari, Rabin I. Southeast Asia Department Request for information
  • Indonesia
  • Technical Assistance
  • Finance
Project Name Strengthening the Local Government Bond Market
Project Number 48169-001
Country Indonesia
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8753-INO: Strengthening the Local Government Bond Market
Financial Sector Development Partnership Special Fund US$ 420,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Knowledge solutions
Private sector development
Sector / Subsector

Finance - Finance sector development

Gender Equity and Mainstreaming No gender elements
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) Ministry of Finance, Supreme Audit Board, OJK, and Provincial Government of West Java have agreed on the step to move forward to solve pertaining issues to the municipal bond issuance. A series of Focus Group Discussion and resource person, financed by ADB, were commenced in Q4 2015 with Provincial Government of West Java to map out the issues. The Provincial Government is expected to issue the bond by Q3 2017.
Geographical Location

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 The TA will require 23 person-months of consulting services over an implementation period of 18 months (1 August 2014 to 1 February 2016). The consultants will be a mix of individuals and firms selected through fixed-budget selection (FBS) using a bio data technical proposal. The FBS will be used as the term of reference will be precisely defined with no changes expected during implementation, the time and personal inputs will be assessed accurately, and the budget is fixed and cannot be exceeded. The consultants will be engaged by ADB in accordance with the Guidelines on the Use of Consultants (2013, as amended from time to time). All procurement will be done in accordance with ADB's Procurement Guidelines (2013, as amended from time to time). Disbursement will confirm to ADB's Technical Assistance Disbursement Handbook (2010, as amended from time to time).
Procurement All procurement will be done in accordance with ADB's Procurement Guidelines (2013, as amended from time to time).

Responsible Staff

Responsible ADB Officer Hattari, Rabin I.
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Indonesia Resident Mission
Executing Agencies
Directorate General Fiscal Balance
Jalan Lapangan Banteng Timur 2-4
Jakarta Pusat 10710 Indonesia


Concept Clearance -
Fact Finding -
Approval -
Last Review Mission -
Last PDS Update 29 Sep 2016

TA 8753-INO

Approval Signing Date Effectivity Date Closing
Original Revised Actual
30 Oct 2014 18 Feb 2015 18 Feb 2015 30 Apr 2016 30 Apr 2017 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
420,000.00 0.00 0.00 0.00 0.00 0.00 420,000.00 30 Oct 2014 49,322.90

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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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

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Related Publications

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No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.