Other major farm products include cocoa, coffee, palm oil, rubber, sugar, and tea. Explore the Indonesia-World Bank partnership in this interactive timeline. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this chart, and, to the extent permitted by law, PwC does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it. We not only listen to your questions and address your immediate concerns, but we also dig further to identify any other issues and needs you may have. The Indonesia Database for Policy and Economic Research has sub-national data for almost 200 development indicators. Since 2017, the government has expanded the program significantly in both coverage and benefit levels; in 2020, the program reaches 10 million poor and vulnerable families. This chart has been prepared for general guidance on matters of interest only, and does not constitute professional advice. The current medium-term development plan – the last phase of the long-term plan – runs from 2020 to 2024. ". The partnership between Indonesia and the World Bank has evolved over six decades to become one of the Bank’s most significant in terms of lending, knowledge services and implementation support. The rich soil supports bountiful fields of rice, and Indonesia ranks among the leading rice producers in the world. Visit our. On the education outcomes, PKH is able to solve the last-mile enrollment problem for children aged 7-15, by eliminating more than half of nonenrolment. Please contact for general WWTS inquiries and website support. Having maintained political stability, Indonesia is one of East Asia Pacific’s most vibrant democracies, emerging as a confident middle-income country. To improve transparency and public participation on state budget spending, with a support from Public Financial Management – Multi Donor Trust Fund, the World Bank has assisted the Ministry of Finance to develop a mobile application that can be accessed by millions of citizens from their smartphones at anytime and anywhere. To immediately respond to the COVID-19 crisis, the Government has announced a fiscal package amounting to 4.3 percent of GDP. Transparency plays a crucial role in the administration of good governance. Indonesia’s economic planning follows a 20-year development plan, spanning from 2005 to 2025. Indonesia, which consists of 17,508 islands and approximately 250 million people, is the world's fourth-most-populous country. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Indonesia has one of the most ethnically diverse populations in the world, with people from about 300 ethnic groups. Capital gains are subject to the normal PIT rate, except for sale of land and buildings and exchange-traded shares (see Indonesia's individual tax summary for more information). It is segmented into 5-year medium-term plans, called the RPJMN (Rencana Pembangunan Jangka Menengah Nasional) each with different development priorities. Environmental and Social Policies for Projects, 2016-2020 Country Partnership Framework (CPF) for Indonesia, the Investing in Nutrition and Early Years (INEY) Program, Public Financial Management – Multi Donor Trust Fund, Indonesia Country Partnership Framework 2016-2020, Explore the timeline: Indonesia - World Bank partnership, Country Partnership Strategy Document 2016-2020. indonesia overview Indonesia's political and economic conditions are important to the stability in the Southeast Asia region. The strategy was organized around six engagement areas which were supported by two pillars. Find out what the Bank Group's branches are doing in Indonesia. The islands of Indonesia stretch across more than 5.150 kilometers (3.200 miles) of tropical ocean along the equator. Find Out. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Indonesia , officially the Republic of Indonesia (Indonesian: Republik Indonesia [reˈpublik ɪndoˈnesia] (listen)), is a country in Southeast Asia and Oceania, between the Indian and Pacific oceans. We're a culture of winners. The National Strategy to Accelerate Stunting Prevention – prepared based on advice from the World Bank, supported by the Investing in Nutrition and Early Years (INEY) Program – has reduced the national stunting rate by a record-breaking 3.1 percentage points in its first year by incentivizing a “whole-of-government” approach to bringing nutrition services to millions of pregnant women and children under two across the country. All information in this chart is up to date as of the 'Last reviewed' date on the corresponding territory Overview page. Furthermore, Indonesia has made enormous gains in poverty reduction, cutting the poverty rate by more than half since 1999, to 9.78% in 2020. The World Bank is supporting the Indonesia’s COVID-19 emergency response, including enhancing social assistance and health care systems while also strengthening the resilience of the financial sector. As one of the leading tax practices in Indonesia, PwC Indonesia includes more than 300 professionals consisting of accountants, lawyers, and finance specialists. Today, Indonesia is the world’s fourth most populous nation, the world’s 10th largest economy in terms of purchasing power parity, and a member of the G-20. This document provides analytical foundation for the upcoming Country Partnership Framework for the 2020 – 2024 period, which is currently being prepared. Recent study shows that the cumulative impact of PKH can reduce stunting by around 9 percentage points, which means that the probability of children aged 0 to 60 months being stunted declines by 23%. Explore this page to learn more about why human capital is important for Indonesia and what the country needs to do. the information is not currently provided in this chart). Indonesia has an extremely, Most of Indonesian people are Muslims, and they make up the largest Muslim population in the world. Relatedly, as part of the country’s engagement approach, Systematic Country Diagnostics (SCD) for Indonesia has been updated recently. Our practice strives to understand your business, working together with you and contributing our expertise as tax specialists for the best outcome for your business. At the moment, according to the World Bank's Human Capital Index, Indonesia's next generation will only be 54% as productive as she or he could have been with full health and complete education. Browse the World Bank project locations and datasets to gain insights across areas of interest including regions, countries, custom areas and more.
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