Indonesia : Promoting Innovative Financial Inclusion Program (Subprogram 2)
Project Details
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Project Officer
Jayawardana, Poornima G.W.
Sectors Group
Request for information -
Country/Economy
Indonesia -
Sector
- Finance
Related Projects
| Project Name | Promoting Innovative Financial Inclusion Program (Subprogram 2) | ||||
| Project Number | 52218-002 | ||||
| Country / Economy | Indonesia |
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| Project Status | Active | ||||
| Project Type / Modality of Assistance | Loan |
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| Source of Funding / Amount |
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| Operational Priorities | OP1: Addressing remaining poverty and reducing inequalities OP2: Accelerating progress in gender equality OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability OP6: Strengthening governance and institutional capacity |
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| Sector / Subsector | Finance / Inclusive finance |
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| Gender | Gender equity theme | ||||
| Description | |||||
| Project Rationale and Linkage to Country/Regional Strategy | |||||
| Impact | |||||
| Project Outcome | |
|---|---|
| Description of Outcome | |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | |
| 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 | Jayawardana, Poornima G.W. |
| Responsible ADB Department | Sectors Group |
| Responsible ADB Division | Finance Sector Office (SG-FIN) |
| Executing Agencies |
Fiscal Policy Office-Ministry of Finance |
| Timetable | |
|---|---|
| Concept Clearance | 18 Jan 2024 |
| Fact Finding | 10 Mar 2022 to 31 Aug 2022 |
| MRM | 20 Sep 2022 |
| Approval | 15 Nov 2022 |
| Last Review Mission | - |
| Last PDS Update | 15 Nov 2022 |
Loan 4249-INO
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 15 Nov 2022 | 28 Dec 2022 | 07 Feb 2023 | 30 Nov 2023 | - | - |
| Financing Plan | Loan Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 500.00 | Cumulative Contract Awards | |||
| ADB | 500.00 | 21 Jul 2023 | 0.00 | 0.00 | 0% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 21 Jul 2023 | 500.00 | 0.00 | 100% |
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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| Title | Document Type | Document Date |
|---|---|---|
| Loan Agreement (Ordinary Operations) for Loan 4249-INO: Promoting Innovative Financial Inclusion Program (Subprogram 2) | Loan Agreement (Ordinary Resources) | Dec 2022 |
| Promoting Innovative Financial Inclusion Program (Subprogram 2): Report and Recommendation of the President | Reports and Recommendations of the President | Oct 2022 |
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
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
ADB's $500 Million Loan to Support Financial Inclusion Reforms in Indonesia
ADB has approved a $500 million loan to further promote financial inclusion in Indonesia.
Tenders
Contracts Awarded
Procurement Plan
None currently available.