The document analyzes the results and implications of a poverty reduction policy in Indonesia called PNPM. It notes that while the policy showed some early success in decreasing poverty rates, the progress was slow. There were also issues with misuse of funds intended for poverty programs. The policy failed to properly target the poor. Additionally, there was a lack of coordination between government agencies regarding poverty reduction efforts. Overall, the analysis finds that while the policy aimed to help the poor, weaknesses in implementation meant it did not fully achieve its goals.