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Jakarta Post

RI, Germany ink deals on human development

  • Dian Septiari

    The Jakarta Post

Jakarta   /   Thu, May 16 2019   /  01:25 am

Indonesia and Germany have signed an agreement on technical cooperation focused on effective governance, technical and vocational education and training (TVET) and the protection of the environment and biodiversity.

Valued at almost 37 million euro (US$41.4 million) in grant funding, the agreement is financed by the German Federal Ministry for Economic Cooperation and Development in four new projects involving various Indonesian government agencies.

It was signed on Wednesday by the Indonesian Finance Ministry’s director general for financing and risk management, Luky Alfirman, and German Ambassador to Indonesia Peter Schoof at the ministry’s compound in Jakarta.

Schoof said the cooperation aimed to provide the Indonesian side with Germany’s best practices in resource management, with one of the projects offering assistance for improving tax collection.