Oz-Dev: Indonesia Economic Governance Facility

The Governments of Australia and Indonesia have worked collaboratively in the area of economic governance since the major financial crisis of the late 1990s. The rationale for this focus is the clear link between sound macro-economic management and stability and poverty reduction. Over a decade of cooperation, a great deal has been learned and achieved and there is now a mutual commitment to continue this collaboration for another six years. To this end, Australia and Indonesia have collaborated on the design of a new program called the Australia Indonesia Partnership for Economic Governance Facility (AIPEG Facility). Support is currently provided through the Technical Assistance Management Facility for Economic Governance Phase 3 (TAMF III), and a critical issue is the need for a smooth transition from management of TAMF III to the new Facility.