World Bank president Jim Yong Kim announced at the Indonesia Infrastructure Finance Forum in Jakarta, Indonesia, that the World Bank will assist the Indonesian government in closing its infrastructure gap through an innovative financing method that combines donor grants with the World Bank’s own resources. The risk of projects will thus be reduced—previous experiences demonstrate that such “blended financing” has attracted private sector capital in infrastructure projects from sources such as institutional investors. This is a promising avenue for the Indonesian government to implement and finance its infrastructure projects.

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