{"id":47107,"date":"2016-02-12T14:29:32","date_gmt":"2016-02-12T07:29:32","guid":{"rendered":"https:\/\/setkab.go.id\/?p=47107"},"modified":"2016-02-15T14:31:51","modified_gmt":"2016-02-15T07:31:51","slug":"adb-increases-lending-to-indonesia","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/adb-increases-lending-to-indonesia\/","title":{"rendered":"ADB Increases Lending to Indonesia"},"content":{"rendered":"<div id=\"attachment_46989\" style=\"width: 240px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-46989\" class=\" wp-image-46989  \" style=\"margin: 5px;\" alt=\"EDIT_AGG_2174\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/02\/EDIT_AGG_21741-300x207.jpg\" width=\"230\" height=\"200\" \/><p id=\"caption-attachment-46989\" class=\"wp-caption-text\">Head of the National Development Planning Board (Bappenas) Sofyan Djalil and ADB President Takehiko Nakao giving press statement at Presidential Office (12\/2)<\/p><\/div>\n<p>President of the Asian Development Bank (ADB) Takehiko Nakao said that the Asian Development Bank (ADB) will increase lending to Indonesia to about US$10 billion within the next five years (2016-2020) or US$ 2 billion per year to finance the country\u0092s infrastructure projects.<\/p>\n<p>\u0093The ADB President said that ADB is ready to provide loan to fund our infrastructure projects,\u0094 said Minister of National Development Planning\/Head of the National Development Planning Board (Bappenas) Sofyan Djalil in a press statement after accompanying President Joko Widodo in the meeting with the ADB President Takehiko Nakao at the Merdeka Palace on Friday morning (12\/2).<!--more--><\/p>\n<p>Sofyan added that the ADB would also provide direct loans to banks.<\/p>\n<p>\u0093The interest rate of the loans from ADB is low. It won\u0092t be more than 2 percent. The loan tenor can reach 30 years,\u0094 Sofyan added.<\/p>\n<p>In addition to providing loans for projects, Sofyan said that the ADB would also provide <em>policy-based loan<\/em><i>s<\/i> and <em>result-based lending<\/em>.<\/p>\n<p>The result-based lending, Sofyan added is the financing whose disbursement is related with the outputs that have been made and not with the funding of the projects that have been spent.<\/p>\n<p>\u0093Thus, they (ADB) is not related with the tender system. It\u0092s only us that is involved in the tender because Indonesia\u0092s tender system is considered quite good,\u0094 Sofyan added.<\/p>\n<p>Sofyan further said that the most important project is the project in energy sector.<\/p>\n<p>In\u00a0 the meeting with the ADB representatives, President Joko Widodo was accompanied by Minister of Finance Bambang Brodjonegoro and Minister of National Development Planning\/Head of the National Development Planning Board (Bappenas) Sofyan Djalil.\u00a0<strong>(DND\/ES)<\/strong> <b>(EP\/YM\/Naster)<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President of the Asian Development Bank (ADB) Takehiko Nakao said that the Asian Development Bank (ADB) will increase lending to Indonesia to about US$10 billion within the next five years (2016-2020) or US$ 2 billion per year to finance the country\u0092s infrastructure projects. \u0093The ADB President said that ADB is ready to provide loan to [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":46989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-47107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - 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