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ADB Approves USD500 Million to Boost Human Capital Development in Indonesia

Economics editor Wahyu Dwi Anggoro
15/11/2023 09:59 WIB
The Asian Development Bank (ADB) has approved a USD500 million policy-based loan to boost Indonesia's human capital and improve labor productivity.
ADB Approves USD500 Million to Boost Human Capital Development in Indonesia. (Foto: MNC Media)
ADB Approves USD500 Million to Boost Human Capital Development in Indonesia. (Foto: MNC Media)

To improve educational attainment, upskilling, and reskilling, the government has implemented market-responsive skills development programs for unemployed youth and adults. This includes the JobStart and Kartu Prakerja (pre-employment card) for skills development programs to provide market-responsive training to unemployed youth and adults. 

In addition, more than 30,000 teachers, the majority of whom are women, have been trained as “learning leaders” as part of the Guru Penggerak master teacher program, while 2.9 million teachers have been provided access to the master teacher’s digital platform on teaching and learning resources using their smartphones, laptops, and desktop computers. 

Furthermore, the Indonesia Cyber Education Institute has established an innovative digital credentialing system for its world-class and market-oriented online higher education courses. More than 2,500 students, mostly women, have gained digital credentials and enhanced their school-to-work transition.

In improving health access, the government has laid the groundwork to strengthen and transform the primary care system, leading to health promotion and community empowerment, and expanding community-based maternal and child health care. The government has also improved the delivery of social protection services to the poor and vulnerable groups through measures to implement the unemployment benefit program and strengthen implementation of its conditional cash transfer program.

The Boosting Productivity through Human Capital Development Program is aligned with the government’s Vision of Indonesia 2045, which prioritizes human resource development. It is also aligned with ADB’s country partnership strategy for Indonesia, 2020–2024, which includes improving well-being and strengthening resilience. The program complements ADB’s other investments in the human and social sector in Indonesia. (WHY)

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