| Project Detail |
Development Objective The program development objective of this programmatic operation is to support financial sector reforms that will assist the Governm ent of Indonesia (GoI) in achieving a deep, efficient and resilient financial sector. The proposed operation is the second in a seri es of three programmatic operations.This programmatic DPL series is structured around the following three pillars and set of objec tives:• Pillar A: Increasing the Depth of the Financial Sector. Pillar objectives: to expand the size of the financial sector by in creasing outreach (including to youth and women), broadening financial market products and mobilizing long-term savings.• Pillar B: Improving the Efficiency of the Financial Sector. Pillar objectives: to lower the costs for individuals and enterprises by strength ening the insolvency and creditor rights framework, protecting consumers and personal data and strengthening payment systems.• Pill ar C: Strengthening the Resilience of the Financial Sector. Pillar objectives: to strengthen the capacity of the sector to withstand financial and non-financial shocks by strengthening the resolution framework, implementing sustainable finance practices, establish ing disaster risk finance mechanisms and advancing the effectiveness of financial sector oversight. |
