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Update

World Bank delays disbursement of final tranche of WATSAL loan

This is the third time that the World Bank has delayed the final US $150 million tranche to the Government of Indonesia

The final (third) tranche of the WATSAL loan, totaling US $150 million, has not yet been disbursed. The World Bank has delayed disbursement due to uncertainty regarding whether the Government of Indonesia will implement a Bank mandated reform that decentralizes management of irrigation schemes away from the Central government to Water User Associations (WUAs). If this reform is not included in the national water law that the Indonesian parliament is scheduled to approve before the end of the year, the World Bank will likely not disburse the final tranche and the loan may be closed. For more information on the delay, see


See also

Water Resources Sector Adjustment Loan (WATSAL) Asia World Bank (IBRD & IDA)

Regions

Africa
Asia
Europe/Central Asia
Latin America
Middle East and North Africa

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Last updated 16 May 2012
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