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The Indonesia Secured Transactions project aims to improve access to finance for underserved SMEs in Indonesia, by strengthening one of the key pillars of the country's financial infrastructure to encourage lending secured by movable assets.
According to the bank document, the project aims to strengthen and modernize the existing secured transactions system in Indonesia, this project will focus on the following three areas:
The Indonesia Secured Transactions project aims to improve access to finance for underserved SMEs in Indoneisa, by strengthening one of the key pillars of the country's financial infrastructure to encourage lending secured by movable assets.
*There is no further information being revealed at this stage of the project*
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/