Indonesia Fiscal Reform DPL 2 (WB-P161475)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Indonesia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Closed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 31, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Indonesia
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Oct 4, 2018

Disclosed by Bank Jun 12, 2017


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Project Description

The project aims to support the Government of the Republic of Indonesia’s priorities for improving quality of spending, strengthening revenue administration and enhancing tax policy to further the country’s medium-term economic development and poverty reduction goals. The operation is the second in a programmatic series of now three single-tranche operations supporting critical policy and institutional reforms with three development objectives: a) improving composition of spending, budget execution rates and efficiency of spending; b) increasing tax administration efficiency and compliance and audit capability; and c) increasing revenue potential and economic efficiency of tax policy. A third single tranche operation is proposed, with the same development objectives. The third operation responds to a direct request from the government to support the acceleration of fiscal reform efforts in 2017.

*The project is being closed on June 30th, 2018*

 

Investment Description
  • World Bank (WB)
Contact Information

Marilene B. Montemayor
(202) 473-4709
mmontemayor@worldbank.org

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.