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Indonesia Fiscal Reform DPL 3

Abstract*

The development objective of Third Indonesia Fiscal Reform Development Policy Loan Project is to support fiscal sector reforms that will assist the government of Indonesia (GOI) in achieving its medium‐term economic development and poverty reduction goals. While Indonesia has a sound macroeconomic framework, a slew of natural disasters in the second half of 2018 created an unanticipated financing requirement for the government. The government has...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The objective of this operation is to support fiscal sector reforms that will assist the Government of Indonesia (GOI) in achieving its medium-term economic development and poverty reduction goals. This programmatic DPL series comprises of three pillars and PDOs: Pillar A: Improving Quality of Spending. PDO: Improving the composition of spending, budget execution and efficiency of spending illar B: Strengthening Revenue Administration. PDO: Increasing tax administration efficiency, compliance management and audit capability, and reducing the cost of paying taxes Pillar C: Enhancing Tax Policy. PDO: Increasing revenue potential and economic efficiency of tax policy This Development Policy Operation is part of the World Bank Group's overall support to the Government's efforts to improve revenue collection and quality of spending, which are central to its overall development agenda.

Key Details

Project Details

  • P167297

  • Closed

  • Ralph Van Doorn , Daniel Alvarez Estrada, Abdoulaye Sy

  • Republic of Indonesia

  • Indonesia

  • October 12, 2018

  • (as of board presentation)

    May 23, 2019

  • May 27, 2019

  • US$ 0.00 million

  • Fiscal Policy Agency, Ministry of Finance

  • East Asia and Pacific

  • 2019

  • US$ 1000.00 million

  • N/A

  • Not Applicable

  • December 31, 2019

  • BANK APPROVED

  • P161475

  • June 29, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 1000.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 1000.00
IDA Commitment N/A
IBRD + IDA Commitment 1000.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jul 15, 2024 IBRD-89560 Loan Repay 19,499,864.00
Jul 15, 2021 IBRD-89560 Int Charges 1,114,358.50
Jul 15, 2024 IBRD-89560 Int Charges 1,057,443.60
Jul 15, 2024 IBRD-89560 Int Charges 1,060,046.00
Jul 15, 2024 IBRD-89560 Int Charges 2,602.34
May 23, 2019 IBRD-89560 Loan Commitment 500,000,000.00
May 23, 2019 IBRD-89560 Loan Commitment 500,000,000.00
Jul 15, 2022 IBRD-89560 Int Charges 1,072,410.50
Jul 15, 2022 IBRD-89560 Int Charges 1,072,410.50
Jan 15, 2022 IBRD-89560 Int Charges 1,069,073.10
Jan 15, 2022 IBRD-89560 Int Charges 1,069,073.10
Jan 15, 2023 IBRD-89560 Int Charges 15,336.21
Jan 15, 2023 IBRD-89560 Int Charges 1,119,301.00
Jan 15, 2023 IBRD-89560 Int Charges 1,103,964.80
Jul 15, 2023 IBRD-89560 Int Charges 2,411.66
Jul 15, 2023 IBRD-89560 Int Charges 1,043,315.90
Jul 15, 2023 IBRD-89560 Int Charges 1,045,727.50
Jan 15, 2024 IBRD-89560 Int Charges 995,464.70
Jan 15, 2024 IBRD-89560 Int Charges 1,007,749.90
Jan 15, 2024 IBRD-89560 Int Charges 12,285.21
Jun 26, 2019 IBRD-89560 Fee Charges 1,286,100.60
Jun 26, 2019 IBRD-89560 Fee Charges 1,286,100.60
Jun 10, 2019 IBRD-89560 Loan Disb 510,035,456.00
Jun 10, 2019 IBRD-89560 Loan Disb 510,035,456.00
Jan 15, 2020 IBRD-89560 Int Charges 1,211,443.90
Jan 15, 2020 IBRD-89560 Int Charges 245,146.47
Jan 15, 2020 IBRD-89560 Int Charges 245,146.47
Jan 15, 2020 IBRD-89560 Int Charges 1,211,443.90
Jul 15, 2020 IBRD-89560 Int Charges 1,336,201.10
Jul 15, 2020 IBRD-89560 Int Charges 1,336,201.10
Jan 15, 2021 IBRD-89560 Int Charges 1,283,722.60
Jan 15, 2021 IBRD-89560 Int Charges 1,283,722.60
Jul 15, 2021 IBRD-89560 Int Charges 1,114,358.50
Jul 15, 2024 IBRD-89560 Loan Repay 19,499,864.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-18-2021
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-27-2022PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityHighN/a
M&e QualityN/a

Results Framework

No data available.