Indonesia - Strengthening and Developing Financial Sector Tender, Indonesia - 101150527

WORLD BANK GROUP has floated a tender for Indonesia - Strengthening and Developing Financial Sector. The project location is Indonesia and the tender is closing on 20 May 2024. The tender notice number is 0002008930, while the TOT Ref Number is 101150527. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : Indonesia

Summary : Indonesia - Strengthening and Developing Financial Sector

Deadline : 20 May 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 101150527

Document Ref. No. : 0002008930

Competition : ICB

Financier : World Bank (WB)

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

Expression of Interest are invited for Indonesia - Strengthening and Developing Financial Sector

Ratification of Law Number 4 of 2023 concerning Development and Strengthening of the Financial Sector (P2SK Law) by the President of the Republic of Indonesia, Joko Widodo on January 12, 2023, is a milestone in financial sector reform in Indonesia. This legislation is a cornerstone in the ongoing evolution of the financial sector in Indonesia, setting the stage for enhanced stability and growth. The P2SK Law is envisioned to be a catalyst for comprehensive financial sector reform, aiming to enhance the resilience of the financial system against shocks, improve the sector's competitiveness, and ultimately contribute to the nation's economic stability and development.

The Financial System Stability Committee (KSSK), supported by its Secretariat, plays a pivotal role as mandated by the P2SK Law. The KSSK is the linchpin in the architecture of Indonesia's financial stability framework, tasked with the critical functions of monitoring the health of the financial system, maintaining stability, and managing crises should they arise. The Secretariat of KSSK, as the operational arm of the committee, is instrumental in executing these functions effectively.

To uphold the commitments of the KSSK as stipulated in the P2SK Law, there is an imperative need to fortify the capacity and knowledge base of the Secretariat. This enhancement is crucial for understanding and implementing the mandates of the P2SK Law. Strengthening the Secretariat's capabilities is expected to bolster the KSSK's policy framework, particularly in areas that are vital for financial stability

Documents

 Tender Notice


Procurement Documents for Indonesia

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