46239-001: Precautionary Financing Facility

Project Data Sheet (PDS): Overview

Description

Like many other economies, the Indonesian economy has been affected by the deterioration in the global economic outlook and turbulence in the financial markets. Learning from lessons learned from the 1997/98 Asian Financial Crisis (AFC) and the 2008/09 global financial crisis, the Government has introduced a number measures to safeguard against any major trade and financial impacts emanating from the current global economic situation. The proposed $500 million INO-PFF (a countercyclical ... Read More

Country Indonesia
Project Number 46239-001
Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Status Approved
Approval Number Loan No. 2871
Approval Date 18 Jun 2012
ADB Financing ($ thousand) 500,000
Sector Public sector management
Subsector Economic affairs management
Strategic Agendas Inclusive economic growth (IEG)
Gender Equity and Mainstreaming Categories Category 4: No gender elements (NGE)
Safeguard Categories Environment: C
Resettlement: C
Indigenous People: C

 

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