ABD Country Operations Business Plan: Indonesia 2021–2023

Abstract

This is the first country operations business plan (COBP) under the country partnership strategy (CPS), 2020–2024 of the Asian Development Bank (ADB) for Indonesia. Against the backdrop of the coronavirus disease (COVID-19) pandemic, the lending assistance for 2021–2023 supports the overall goal of the CPS: achieving inclusive, competitive, and sustainable development in Indonesia. The goal will be achieved through three strategic pathways: (i) improving well-being, (ii) accelerating economic recovery, and (iii) strengthening resilience. This COBP is also aligned with the government’s National Medium-Term Development Plan (RPJMN), 2020–2024. 2. The COBP reflects an expanding country program that focuses on five of the seven operational priorities of ADB’s Strategy 20302—(i) tackling climate change and disaster risk and enhancing environmental sustainability; (ii) addressing remaining poverty and inequality; (iii) making cities more livable; (iv) strengthening governance and institutions; and (v) promoting rural development and food security. The other two priorities—accelerating gender equality and fostering regional cooperation and integration—will be mainstreamed across projects in the lending pipeline. ADB will explore opportunities for nonsovereign investments as well as public–private partnership options through transaction advisory services. The country assistance results areas are shown in Appendix 1, and the portfolio performance indicators are in Appendix 2.