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IFC in Indonesia


With a population of over 220 million people, Indonesia is Southeast Asia’s largest economy and the world’s second largest democracy. The country has worked hard to recover from the 1998 financial crisis and the devastating tsunami of 2004. Despite its large, diverse and growing economy, poverty remains widespread. About half the population of 225 million lives on less than $2 per day. As the current financial crisis spreads to East Asia, there are risks that many vulnerable Indonesians could once again fall even farther behind.

IFC, a member of the World Bank Group, has been active in Indonesia for nearly 40 years. Through sustainable private sector development, IFC aims to reduce poverty in Indonesia by creating opportunities and improving people’s lives.

IFC in Indonesia has three strategic objectives:

    1. Reduce the impact of climate change
    2. Improve rural incomes
    3. Promote sustainable urbanization
In achieving the above objectives, IFC in Indonesia combines investment and advisory services to expand access to finance, extend the reach of infrastructure, strengthen commodity-based supply chains, and improve the business environment.

IFC Advisory Services in Indonesia is supported by the following Donor Partners:


Australia
Japan
The Netherlands
New Zealand
Switzerland


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