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Lesson
With the government’s response to the COVID-19 pandemic severely affecting MSMEs, risks from further implications and possible pandemics in the future need more attention in the program’s assessment moving forward.

Project Number: 48134-001, 48134-006, 48134-007
Project Name: Stepping Up Investments for Growth Acceleration Program (Subprograms 1, 2, and 3)
Report Date:
Lesson
In implementing the PPPs and in establishing the PPP unit, specific actions could have been better emphasized to ensure that such projects are affordable to the poor and that these are gender and socially conscious. Providing varied financing mechanisms for different forms of PPPs—such as viability gap funding, availability-based, and Islamic bond financing—were innovations that could be repeated in future projects.

Project Number: 48134-001, 48134-006, 48134-007
Project Name: Stepping Up Investments for Growth Acceleration Program (Subprograms 1, 2, and 3)
Report Date:
Lesson
It is important for Indonesia to focus on improving the procedures to enable micro, small, and medium enterprises—the basis of the Indonesian economy—not only to start a business but also to expand the existing ones

Project Number: 48134-001, 48134-006, 48134-007
Project Name: Stepping Up Investments for Growth Acceleration Program (Subprograms 1, 2, and 3)
Report Date: