Indonesia’s National DRFI Strategy Announced to Build Fiscal Resilience

On October 10, the government of Indonesia launched its Disaster Risk Financing and Insurance Strategy during the WBG and IMF Annual Meetings, in the presence of the country’s Vice President, the World Bank President, Indonesia’s Finance Minister as well as Minister of Public works and Housing, and participants from the Philippines and Japan. President Kim also provided remarks noting the World Bank Group’s continued support to global efforts to build resilience to natural disasters, such as providing contingent lines of credit. The DRF program supported the government on this work over the course of this year under our joint program. Click here to check out the blog by our WB Vice President covering all fiscal and financial work.