The Islamic Development Bank and the Government of Indonesia continued their strategic partnership through Member Countries Partnership Strategy (MCPS). The Memorandum of Understanding for MCPS was officially inaugurated by the President of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohammad Ali and Minister of Finance of the Republic of Indonesia, IDB Governor for Indonesia, Agus Martowardojo.
The MCPS is implemented in accordance with the medium-term strategic priorities under the Islamic Development Bank vision 1440H (2020) and development priorities of member countries. The work for MCPS was initiated in 2010 by the IDB in collaboration with the Government of Indonesia. Indication of national financing for MCPS for the period of 2011-2014 was estimated to range between $3 to $3.3 billion to reach numerous beneficiaries in the Provinces of South Sumatera, Kalimantan, and Sulawesi, and later continue to Java, Bali and West Nusa Tenggara.
“Today is the celebration of 30 years mutual partnership and solidarity between the Islamic Development Bank Group and the Republic of Indonesia. By adhering to Islamic principles, we have a vision to significantly help transform the landscape of comprehensive human development in the Moslem world and restore its dignity, and in achieving these goals it has pursued a mixed approach,” said Dr. Ahmad Mohammad Ali, the President of the IDB Group.
“IDB is an important partner to our development as reflected by various program and project that have been implemented in Indonesia. Most of the IDB financing has been concentrated and in line with the Government of Indonesia’s priorities,” said Agus Martowardojo, Minister of Finance Republik of Indonesia.
MCPS is focused on harnessing the potential of Indonesian regions in five work program areas. The programs include development in Education and health, especially higher education; Infrastructure and energy sector, including the Public Private Partnership /PPP; Poverty alleviation, including the community empowerment program (PNPM); Agriculture sector and rural development; and, Cross-sector issues, which will be focused in the enhancement of Islamic Finance and Capacity Building.
“The purpose of the MCPS is to harmonize the scope of cooperation of the IDB Group and the development plan and priorities of the Government of Indonesia as stipulated in the Medium Term Development Plan 2010-2014, the guideline for the national development of Indonesia in medium term/five years. In the near future, we hope that the development cooperation between the Government of Indonesia and the IDB could be improved and optimized for the prosperity of society,” Said Armida S. Alisjahbana, Minister of National Development Planning/Head of the National Development Planning Agency.