| |
|
2010
|
| Quarterly FMR # 20, Mar-2010 |
|
2009
|
| Quarterly FMR # 19, Dec-2009 |
| Quarterly FMR # 18, Sep-2009 |
| Quarterly FMRt # 17, Jun-2009 |
| Quarterly FMR # 16, Mar-2009 |
|
2008
|
| Quarterly FMR # 15, Dec-2008 |
| Quarterly FMR # 14, Sep-2008 |
| Quarterly FMR # 13, Jun-2008 |
| Quarterly FMR # 12, Mar-2008 |
|
2007
|
| Quarterly FMR # 11, Dec-2007 |
| Quarterly FMR # 10, Sep-2007 |
| Quarterly FMR # 9, Jun-2007 |
| Quarterly FMR # 8, Mar-2007 |
|
2006
|
| Quarterly FMR # 7, Dec-2006 |
| Quarterly FMR # 6, Sep-2006 |
| Quarterly FMR # 5, Jun-2006 |
| Quarterly FMR # 4, Mar-2006 |
|
2005
|
| Quarterly FMR # 3, Dec-2005 |
| Quarterly FMR # 2, Sep-2005 |
| Quarterly FMR # 1, Jun-2005 |
|
|
 |
As of September 30, 2009, the Multi Donor Fund (MDF) has a total of US $ 685 million in pledges from 15 different donors as presented in the following table.
|
| Source |
Pledge Amount
in US$ Million
|
Cash Received
In US $ Million
|
European Commission |
272.11
|
174.01
|
Government of Netherlands |
171.60
|
100.00
|
Government of United Kingdom |
68.50
|
68.50
|
Government of Canada |
24.51
|
20.22
|
The World Bank |
25.00
|
25.00
|
Government of Sweden |
20.72
|
20.72
|
| Government of Norway |
19.57
|
19.57
|
Government of Denmark |
18.03
|
18.03
|
Government of Germany |
13.93
|
13.93
|
Government of Belgium |
11.05
|
11.05
|
Government of Finland |
10.13
|
10.13
|
Asian Development Bank |
10.00
|
10.00
|
Government of United States |
10.00
|
10.00
|
Government of New Zealand |
8.80
|
8.80
|
Government of Ireland |
1.20
|
1.20
|
Total Contributions |
685.15
|
511.17
|
| *Exchange rate as Sep 30, 2009, Source World Bank |
Cash Available |
To date, the MDF has received US $ 511 million of the total pedges from the donors. Cash projections are monitored on a regular basis to ensure that the MDF has sufficient funds to continue financing project activities. |
Funding Allocation and Commitments |
As of September 30, 2009, the MDF has allocated US $ 601 million to 21 projects in five outcome areas: recovery of communities, infrastructure and transport, rebuilding governance, supporting sustainable management of the environment and economic development. The government of Indonesia commited to contribute an additional US $ 168 million in co-financing for four projects in the MDF portfolio.
The majority of funds (37%) allocated by the MDF are for the recovery of communities, as set out in Graph 1.1. the infrastructure and transport sector received 30% of allocated funds, while projects implemented in the environment, governance and livelihood sectors received the remaining 33% of funds. Based on allocations and commitments in the reporting period, 11% of the MDF portfolio now includes support for livelihood and economic development.
Approximately 73% of funds allocated to projects in the Multi Donor fund portfolio are on-budget and therefore channeled through the Government of Indonesia's national budget. The remaining funds are implemented by the United Nations Development Programme, the World food Programme, the International labour Organization and Non-Government Organizations, as shown in the graph 1.2 below. |
Disbursement |
| As of September 2009, the Multi Donor Fund disbursed US $ 399 million (Approximately 66% of allocted funds) to 21 projects. Approximately US $ 269 million has been disbursed to the Government of Indonesia for the funding of 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, 2009 is US $ 47 million*. The remaining funds are expected to be utilized for additional financing to projects under implementation. Taking into account the time required for project preparation and implementation, the swift allocation of these remaining funds is imperative to fully disburse by 2012.
Diisbursement during the past year (October 2008 - September 2009) are higher than in the previous year. Disbursements from April to September, 2009 were slower than during the period of October 2008 to March 2009. The exit of BRR in April and the transition in implementation arrangements of projects are among the reasons for the slowdown in disbursements over the last six months leading up to September 2009. Budget release through DIPA has been a critical challenge to project implementaiona nd disbursement rates. Now that all transition arrangements have been set in place and formalized, it is expected that disbursements to projects will pick up in the coming year, as 15 projects are in full implementation.
After September 30, 2009, US $ 10 million was allocated to the Nias Rural Access and Capacity Building Project with the ILO as Partner Agency. The Nias Livelihoods and Economic Development Project, totaling US$ 10 million, is still int hte preparation stage, and approval is expected by the first quarter of 2010. |
| |
 |
Graph 1.1 Sectoral Allocation as of September 30, 2009 |
| |
 |
Graph 1.2 Allocations of Funds per Implementing Agency as of September 30, 2009 |
| |
 |
Graph 1.3 Sectoral Allocations and Commitments as of September 30, 2009 |
|
