[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108138-en":3,"doc-seo-108138-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},108138,1099513958762,"Logic","https://ap-avatar.wpscdn.com/avatar/1000023916a998db790?x-image-process=image/resize,m_fixed,w_180,h_180&k=1784791008015729253",8,"Research & Report","Subnational Debt Financing in Indonesia - Insight - Finance","Policy note examining how subnational governments in Indonesia can mobilize and manage debt financing within the broader context of equitable growth, finance, and institutions. Provides background on the institutional and governance considerations shaping subnational borrowing, and summarizes contributions from experts and stakeholders involved in developing subnational debt management capacity survey inputs. Prepared by World Bank staff with guidance from global and Indonesia practice managers and finance-sector specialists.","Public Disclosure Authorized Public Disclosure Authorized  \nMACROECONOMICS, TRADE AND INVESTMENT  \nDisc losure Authorized  \nM A C R O E C O N O M I C S , T R A D E A N D I N V E S T M E N T  \nEQUITABLE GROWTH, FINANCE & INSTITUTIONS INSIGHT  \nPub lic Disclosure Author ized Public  \nSubnational Debt Financing in Indonesia  \nAhya Ihsan, Ratih Dwi Rahmadanti, Assyifa Szami Ilman  \n© 2023 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington DC 20433  \nTelephone: 202-473-1000; [Internet: www.worldbank.org](Internet: www.worldbank.org)  \n[Some rights reserved.](Some rights reserved.)  \nThis work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.  \nNothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved.  \nRights and Permissions  \nThis work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO), [http://creativecommons.org/l](http://creativecommons.org/l)icenses/by/3 .0/igo. Under the Creative Commons Attribution license, you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the following conditions:  \nAttribution—Please cite the work as follows: 2023. Subnational Debt Financing in Indonesia. EFI  \nInsight-Finance. Washington, DC: World Bank.  \nTranslations—If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The World Bank and should not be considered an official World Bank translation. The World Bank shall not be liable for any content or error in this translation.  \nAdaptations—If you create an adaptation of this work, please add the following disclaimer along with the attribution: This is an adaptation of an original work by The World Bank. Views and opinions expressed in the adaptation are the sole responsibility of the author or authors of the adaptation and are not endorsed by The World Bank.  \nThird-party content—The World Bank does not necessarily own each component of the content contained within the work. The World Bank therefore does not warrant that the use of any thirdparty-owned individual component or part contained in the work will not infringe on the rights of those third parties. The risk of claims resulting from such infringement rests solely with you. If you wish to reuse a component of the work, it is your responsibility to determine whether permission is needed for that reuse and to obtain permission from the copyright owner. Examples of components can include, but are not limited to, tables, figures, or images.  \nAll queries on rights and licenses should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; e-mail: [pubrights@worldbank.org](pubrights@worldbank.org).  \nCover design and [layout: Diego Catto / www.diegocatto.com. Typset by Arsianti](layout: Diego Catto / www.diegocatto.com. Typset by Arsianti).  \nPhotos: Akhmad Dody [Firmansyah/www.shutterstock.com](Firmansyah/www.shutterstock.com) and memet [saputro/unsplash.com](saputro/unsplash.com).  \n>>>  \nAcknowledgments  \nThis policy note was prepared byAhya Ihsan (Senior Economist), Ratih Dwi Rahmadanti (Economist), Assyifa Szami Ilman (Junior Professional Associate) with the guidance from Lars Christian Moller (Practice Manager, Macroecono","cbCaipgPhJyTu1rP","https://ap.wps.com/l/cbCaipgPhJyTu1rP","pdf",7274391,3,1,46,"English","en",105,"# Acknowledgments\n## Policy note preparation and contributors","[{\"question\":\"Who prepared the policy note on subnational debt financing in Indonesia?\",\"answer\":\"The note was prepared by Ahya Ihsan, Ratih Dwi Rahmadanti, and Assyifa Szami Ilman, with guidance from senior World Bank practice managers and economists.\"},{\"question\":\"What organizations contributed substantive inputs to the note?\",\"answer\":\"The team received inputs and support from multiple World Bank and external peer reviewers, and it incorporated capacity survey implementation inputs from Indonesia’s Directorate General Fiscal Balance (DGFB) of the Ministry of Finance.\"},{\"question\":\"Under what license is the work made available?\",\"answer\":\"The work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO), with conditions covering attribution and reuse, including adaptations and translations with required 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