The Second Institutional Strengthening for Social Inclusion (Second Institutional, Tax Administration, Social and Investment) Development Policy Loan (INSTANSI DPL-2) Project in the Republic of Indonesia continues the series of the first single-tranche that began in 2012. The goal of the INSTANSI DPL series is to assist the Government of Indonesia to achieve its medium-term growth, poverty reduction, and shared prosperity objectives by supporting measures to enhance Indonesia's capacity and institutions for targeting poverty reduction measures, introducing a major social insurance program, and enhancing the management of public finances for better service delivery. The operation was previously envisioned to be the second of a two-year, programmatic DPL series. However, the government has recently indicated the possibility of extending the series from two to three years. Tentative triggers for a third operation have been developed. The INSTANSI DPL-2 Project supports a set of policy actions surrounding the following two pillars: (i) enhancing poverty alleviation and shared prosperity efforts through improved governance and institutional accountability, better measurement and targeting of the poor and vulnerable in social assistance programs, and implementation of a new national social security system (Sistem Jaminan Sosial Nasional, SJSN); and (ii) strengthening public financial management (PFM) through improvements in the medium-term results orientation of the budget process, the introduction of a more efficient and effective automated budget and treasury system, streamlining of budget execution procedures, and improved accounting, audit, tax administration and sub-national fiscal management.
Details
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Document Date
2013/10/21
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Document Type
Program Document
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Report Number
76872
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2013/11/26
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Disclosure Status
Disclosed
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Board Meeting Date
2013-10-29T00:00:00Z
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Doc Name
Indonesia - Second Institutional Strengthening for Social Inclusion (Second Institutional, Tax Administration, Social and Investment) Development Policy Loan Project
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Keywords
Deferred Drawdown Option;Central Bureau of Statistics;information and communication technology;current account deficit;current account balance;balance of payment;monetary policy;national development planning;millennium development goal;nominal effective exchange rate;asian financial crisis;quality of public spending;Integrated Financial Management System;quality of service delivery;financial sector safety net;balance of payment statistic;public sector balance sheet;Management of Public Finance;Exchange Rates;Public Financial Management;social assistance program;social security system;fuel price increase;higher fuel price;domestic demand growth;global financial crisis;fiscal policy adjustment;social insurance program;drag on growth;global interest rates;international commodity price;exchange rate policy;improved service delivery;terms of trade;higher interest rate;Exchange rate policies;foreign currency liquidity;bank of japan;targeted social assistance;official foreign exchange;deposit insurance agency;certificate of deposit;rapid credit growth;consumer price inflation;private external debt;government bond yield;total external debt;abundant natural resource;flow of fund;social protection system;forms of inequality;conditional cash transfer;machinery and equipment;foreign direct investment;investment grade status;portfolio capital inflow;technical assistance program;target poverty reduction;ownership of reform;Development Policy Operation;budget execution procedure;capital goods import;macroeconomic policy framework;export commodity prices;national health insurance;real economic activity;financial market development;foreign currency reserve;rise in inflation;central government revenue;real estate lending;central government expenditure;financial market volatility;financial management capacity;skill and technology;exchange rate depreciation;continuous policy dialogue;consumer price index;poverty alleviation;minimum wage;trade balance;external balance;Fuel Subsidies;
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Citation
Indonesia - Second Institutional Strengthening for Social Inclusion (Second Institutional, Tax Administration, Social and Investment) Development Policy Loan Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/417891468044377032/Indonesia-Second-Institutional-Strengthening-for-Social-Inclusion-Second-Institutional-Tax-Administration-Social-and-Investment-Development-Policy-Loan-Project