Indonesia - Scholarships Program for Strengthening Reforming Institutions Project

Page 1 PROJECT INFORMATION DOCUMENT (PID) APPRAISAL STAGE Report No.: AB5911 Project Name Indonesia Scholarships Program for Strengthening Reforming Institutions (SPIRIT) Region EAST ASIA AND PACIFIC Country INDONESIA Sector General public administration sector (70%);General education sector (30%) Lending Instrument Specific Investment Loan (SIL) Project ID P118150 Borrower(s) REPUBLIC OF INDONESIA Implementing Agency The National Planning and Development Board (Bappenas) Gedung Asmen, 2nd Floor Jl. Taman Suropati No. 2 Jakarta Indonesia 10310 Tel: /Fax: (62-21) 314-8551 dewobjp@bappenas.go.id Environmental Screening Category { }A { }B {X}C { }FI Date PID Prepared October 10, 2010 Estimated Date of Appraisal Completion October 10, 2010 Estimated Date of Board Approval December 16, 2010 Decision Project authorized to proceed to negotiations upon agreement on any pending conditions and/or assessments I. Country Context 1. Indonesia has undergone an impressive economic and political transformation in the decade since the Asian financial crisis. Real GDP growth has averaged 5 to 6 percent since 2002, and prudent macroeconomic management has resulted in low budget deficits, a low debt- to- GDP ratio, and manageable inflation. Indonesia