 |
|
 |
Status on March 2008
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Pledges
| The Multi Donor Fund has a total of $ 692 million pledges from 15 different donors. Table 1 shows the different sources of pledges |
Table 1: Source of Pledges |
Source |
Total of Pledges $ |
% Total of Pledges |
|
European Commission
|
|
39% |
|
Netherlands |
|
25% |
|
|
|
11% |
|
Canada |
$25,550,000 |
3.7% |
|
World Bank
|
|
4% |
|
Sweden |
|
3.0% |
|
Norway |
|
2.8% |
|
|
|
2.6% |
|
Germany (Tsunami Page) |
|
2.0% |
|
Belgium* |
|
1.6% |
|
Finland* |
|
1.5% |
|
Asian Development Bank |
|
1.4% |
|
USA |
|
1.4% |
|
New Zealand |
|
1.3% |
|
Ireland |
|
0.2% |
|
Total Contribution |
|
|
| |
* As of September 30, 2008 |
|
Allocation |
|
|
As of September 30, 2008, the MDF has allocated US$ 515 million to 18 projects in four sectors: recovery of communties, infrastructure and transport, rebuilding governance and support for sustainable management of the environment. The BRR has committed to contribute an additional US$ 236 million in co-financing for four projects in the MDF portfolio.
During the last reporting year, the Steering Committee has committed a further US$ 99 million for funding five new project concepts. These proposals focus on economic development, disaster preparedness and strengthening of capacities. in addition, a total of US$ 14 million in supplemental funds was approved for the Sea Delivery Logistics, Resource-based roads, Technical Assistance to BRR and Support to Disadvantaged Areas projects.
The majority of funds 43% allocated by the MDF are for the Recovery of Communities. The Infrastructure and Transport sector received 34% of allocated funds, while projects implemented in the environment and Governance sectors received the remaining 23% of funds. Ath the 17th Steering Committee Meeting held in September 2008, BRR presented an analysis of priority areas still in need of funding.
Approximately 75% of funds allocated to projects in the Multi Donor Fund portfolio are channeled through the Government of Indonesia's national budget. The remaining funds are implemented through the United Nations Development Programme, the World Food Programme, the International Labour Organization and Non-Government Organizations.
|
Disbursement |
As of September 2008, the Multi Donor Fund has disbursed US$ 334 milliion (approximately 65% of allocated funds) to the 18 projects implemented. Approximately US$ 234 million has been disbursed to the Government of Indonesia for Funding on-budget project activities, while the remaining funds were disbursed to off-budget projects.
|
Outlook
|
The total amount of unallocated funds within the Multi Donor Fund budget as of September 30, 2008 is US$ 57 million*.
Beyond September 30, 2008, the MDF has committed US$ 3.9 million to the Nias Island Transition Project and an additional US$ 15 million to Phase 3 of the Tsunami Recovery Waste Management Programme.
Based on allocations and commitements in the reporting period, 11% of the MDF portfolio now includes support for Livelihood and Economic development.
The MDF closing cdate has been extended to the end of 2012. However, taking into account the time required for project preparation and implementation, the swift allocation of these remaining funds is imperative.
_____________________________________
(*) the estimate of remaining funds may change due to the fluctuation in exchange rates and interest rates.
back to top |
|
 |
