In the context of attaining the national development targets as stated in the 2004- 2009 National Medium-Term Development Plan, the Government of Indonesia has endeavoured to utilize various sources of development funding, one of which is external loans and grants.
In order to achieve the effectiveness and efficiency of the utilization of external loans and grants (PHLN), Indonesian Government has issued Government Regulation (PP) No.2/2006 on Procedure for the Provision of External Loans and Grants and the Forwarding of External Loans and Grants (to Local Government and State Owned Enterprise). To implement the regulation, several ministry decrees have been issued such as Decree of the State Ministry of National Development Planning/Bappenas No. 5/2006 on Procedure for Planning and Submitting Proposals and Assessing Projects that are Funded By External Loans and Grants.
In order to achieve the effectiveness and efficiency of the utilization of external loans and grants (PHLN), Indonesian Government has issued Government Regulation (PP) No.2/2006 on Procedure for the Provision of External Loans and Grants and the Forwarding of External Loans and Grants (to Local Government and State Owned Enterprise). To implement the regulation, several ministry decrees have been issued such as Decree of the State Ministry of National Development Planning/Bappenas No. 5/2006 on Procedure for Planning and Submitting Proposals and Assessing Projects that are Funded By External Loans and Grants.
