Indonesia : Financial Market Development and Inclusion Program (Subprogram 3)

Sovereign Project | 48207-004

Project Name Financial Market Development and Inclusion Program (Subprogram 3)
Project Number 48207-004
Country / Economy Indonesia
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 3779-INO: Financial Market Development and Inclusion Program, Subprogram 3
Ordinary capital resources US$ 500.00 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Sector / Subsector

Finance / Finance sector development

Gender Effective gender mainstreaming
Project Rationale and Linkage to Country/Regional Strategy

Annual growth rate of finance sector increased (National Medium-Term Development Plan, 20152019)

Project Outcome
Description of Outcome

Development and inclusiveness of the finance sector increased

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Regulatory structure for financial stability strengthened

Finance sector deepened

Financial inclusion enhanced

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
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
Responsible ADB Officer Mohd Ismail, Mohd Sani
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SERD
Executing Agencies
Ministry of Finance Directorate General of Budget Financing and Risk Management
Concept Clearance -
Fact Finding 27 Aug 2018 to 06 Sep 2018
MRM 18 Jan 2019
Approval 28 Mar 2019
Last Review Mission -
Last PDS Update 28 Mar 2019

Loan 3779-INO

Approval Signing Date Effectivity Date Closing
Original Revised Actual
28 Mar 2019 03 May 2019 27 Jun 2019 31 Mar 2020 - 01 Jul 2019
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 500.00 Cumulative Contract Awards
ADB 500.00 17 Jun 2022 500.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 17 Jun 2022 500.00 0.00 100%

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Safeguard Documents See also: Safeguards
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Evaluation Documents See also: Independent Evaluation

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Related Publications

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Contracts Awarded

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Procurement Plan

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