COVID-19 Active Response and Expenditure Support Program: Report and Recommendation of the President

Reports and Recommendations of the President | April 2020

The CARES program will provide timely support for urgent public health measures and for the expansion of social and economic assistance. It builds on ADB’s trusted relationship with the Government of Indonesia through longstanding engagement. Indonesia meets all of the access criteria of ADB’s COVID-19 Pandemic Response Option (CPRO) under the Countercyclical Support Facility (CSF), which include robust macroeconomic management, undertaking of key structural reforms, a pro-poor countercyclical expenditure program, and public debt levels maintained at sustainable levels.

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated April 2020 is provided for the ADB project 54139-001 in Indonesia.