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2 clusters · 5 sources · 12 days · First seen 18 days ago · Last updated 6 days ago

Asian Development Bank fiscal support for Indonesia

Overview

The Asian Development Bank has approved a US$650 million loan for Indonesia to modernize regional fiscal management and advance digital governance. Through the Accelerating Decentralization for Improved Local Governance (ADIL) subprogram, the initiative seeks to strengthen coordination between central and local governments regarding public fund management.

Key components of the program include the development of a new national digital platform for fiscal data integration and reporting, alongside more equitable property tax assessments to boost regional revenue. The framework also incorporates disaster risk integration and civil rights protections, such as gender-responsive budgeting.

Entities

Asian Development Bank · Pakistan · Federal Board of Revenue · Indonesia · Bobur Alimov

Timeline

6 days ago

[BUSINESS] 3 sources
Asian Development Bank approves US$650 million loan for Indonesia
The Asian Development Bank is providing a US$650 million loan to Indonesia to modernize regional fiscal management, enhance digital governance, and improve public service delivery through decentralization.
18 days ago

[BUSINESS] 2 sources
Asian Development Bank proposes $200 million for Pakistan tax reforms
The Asian Development Bank has proposed $200 million in additional financing to help Pakistan modernize its revenue administration through digital tools, AI, and expanded tax compliance measures.

Sources

bigspay.com · cnbcindonesia.com · en.vietnamplus.vn · mediaindonesia.com · pakbanker.com