ADB Agrees New Partnership With Indonesia

Eko Nordiansyah    •    21 Oktober 2016 15:51 WIB
economic cooperation
ADB Agrees New Partnership With Indonesia
Illustration (Photo: Antara/Zabur Karuru), Jakarta: The Asian Development Bank (ADB) has approved a new Country Partnership Strategy (CPS) with Indonesia for 2016-2019.

“Indonesia has made tremendous social, economic, and political progress since its independence 7 decades ago,” said ADB deputy country director Sona Shrestha in a written statement on Friday (10/21).

"New partnership with Indonesia will help build on that progress,” she continued.

ADB is committed to increase infrastructure investments in Indonesia. The agency will focus on energy, rural and urban sectors.

It will also continue to support economic reforms to improve investment climate and ease of doing business in the country.

"ADB will support fiscal reforms to improve public expenditures and the delivery of services to those who need them most," she stated.