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| Edition : September 2008 |
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New Country Partnership Strategy Supports Indonesia’s Development
The World Bank’s Board of Executive Directors endorsed a new Country Partnership Strategy (CPS) for Indonesia which will see the World Bank Group supporting Indonesia’s development priorities, with emphasis on strengthening national institutions. The CPS governs the World Bank Group’s programs in Indonesia over the period of 2009 - 2012
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| Positive Reforms in Ease of Doing Business |
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| The number of days to start up a business has gone down from 105 to 76, while the costs and number of procedures have also been reduced. Additionally, the Bank of Indonesia has made it possible for borrowers to inspect their credit data, which helps to improve the accuracy and quality of the information financial institutions use in assessing the risk profiles of borrowers.
Press Release | Doing Business Report Overview (.pdf) | Indonesia Data (.pdf) |
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| The Impact of Oil and Gas prices on Indonesia's Public Finances |
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| This new working paper estimates the impact of higher international oil prices on the Indonesian government's fiscal position in 2008 and beyond. It analyzes the interactions between government revenues and expenditures, as well as international oil prices, energy subsidies, and inter-governmental transfers. Download the paper |
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| World Bank Group Scales Up Engagement in East Asia Pacific |
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The World Bank Group committed loans, grants and credits worth US$4.5 billion to support development across the East Asia Pacific region during fiscal year 2008. This was US$200 million more than the previous fiscal year, reflecting the increased support for a region that is weathering the global economic downturn relatively well. Press Release
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