Versi Bahasa Indonesia |
|
IFIs in Indonesia
This new series of monthly factsheets on International Financial Institutions (IFIs) will provide information on the World Bank Group, the International Monetary Fund (IMF) and the Asian Development Bank (ADB) focussing on their involvement in Indonesia.
|
The World Bank Group is a multilateral lending agency made up of four closely related institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). The World Bank provides loans to developing countries to help reduce poverty and to finance investments that contribute to economic growth.
The International Bank for Reconstruction and Development (IBRD), frequently called the World Bank, provides funding for creditworthy developing countries with relatively high income per person. IBRD raises the money through the sale of bonds in international financial markets that are absolutely guaranteed to be repaid.
The International Development Association (IDA) lends to countries at a cheaper rate of interest than the current market rate of interest. IDA lends to the poorest developing countries (per person incomes below $925 in 1996 dollars) that are not sufficiently creditworthy for IBRD financing. It receives its funding largely from contributions from its wealthier member countries. IDA loans do not have to be fully repaid for 35 to 40 years (depending on the level of development of the borrower), including a ten-year grace period and no interest but a 0.75 percent annual service charge. IDA credits are made only to governments.
The International Finance Corporation (IFC) provides project financing for private investment in developing countries. IFC offers long-term loans and equity investments, as well as other financing services. IFC will generally invest up to 25 percent of the total project cost.
The Multilateral Investment Guarantee Agency (MIGA) was established in April 1988 to help investors overcome the problems of political risk. Investors' concerns about political risk (such as social unrest) had the effect of slowing down the flow of foreign direct investment. MIGA aims to insure against these risks.
| Year | amount |
| 1997/8 | US $1.5 bn |
| 1998/9 | US $2.7bn |
| 1999/00 | US $1.5bn |
| 2000 (forecast) | US $1.1bn |
Note: The following section was updated in 2007:
| Acting Indonesia Director: | Joel Hellman |
| Address: | JSE Building, Tower 2, 12th floor, Jakarta Selatan 12190, Jakarta |
| Telephone: | 021-5299 3000 |
| Fax: | 021-5299 3111 |
| Main web-site: | http://www.worldbank.org |
| Indonesian web-site: | www.worldbank.org/id |
| Address: |
The World Bank 1818 H Street, N.W. Washington, DC 20433 U.S.A. |
| Tel: | 1-202- 477-1234 |
| Fax: | 1-202- 522-3405 |
For further contacts see also:
DTE IFIs updates and factsheets are available in English and Bahasa Indonesia.
They can be sent monthly via email (rtf version) free of charge, or normal postage, quarterly (printed version) with the DTE newsletter. Printed versions are free of charge to existing DTE subscribers and exchange partners.
If you would like to receive the monthly updates and factsheets via email, please
email us. Please state what language you would prefer. You can choose both languages if you prefer.