Gov't to Revise Special Allocation Fund for 2016  

Translator

Editor

Selasa, 30 Juni 2015 17:26 WIB

Seorang karyawan money changer menghitung uang kertas Rupiah, di Jakarta, 15 Desember 2014. Rupiah Indonesia pada 15 Desember merosot ke tingkat terendah terhadap dolar sejak krisis keuangan Asia 16 tahun yang lalu, karena pasar negara berkembang terpukul seiring kemajuan perbaikan ekonomi Amerika Serikat. Adek Berry/AFP/Getty Images

TEMPO.CO, Jakarta - The government will revise the Special Allocation Fund (DAK) for 2016 because it has failed to promote equal welfare in regions accross the country.


The revision plan was put forward during the DAK policy coordination meeting held by the Finance Ministry's directorate general for financial balance on Monday, June 29, 2015.


"Various problems occur during DAK implementation, such as the lack of focus on funding infrastructure development in regions because off too many units or sub-units," said financial balance director general Boediarso Teguh Widodo.


In addition, many DAK funds were not in accordance with the needs of certain regions, and late issuance of technical instructions often caused a large amount of DAK left in regional treasury.


Boediarso hoped that the revision of the DAK policy could improve the welfare of Indonesian citizens.


BISNIS.COM

Related News

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

3 hari lalu

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

Sri Mulyani said that geopolitical tensions in the Middle East became the focus of world leaders, which will have a significant economic impact.

Read More

Rupiah Weakens to Rp16,210 per US Dollar on Friday

7 hari lalu

Rupiah Weakens to Rp16,210 per US Dollar on Friday

The rupiah closed weak at Rp16,187 per US dollar on Thursday.

Read More

Prabowo Team Claims Ready to Assist with Drafting The 2025 State Budget

8 hari lalu

Prabowo Team Claims Ready to Assist with Drafting The 2025 State Budget

A member of Prabowo National Winning Team stated that they are prepared to help in the preparation of the State Budget Draft for 2025.

Read More

Kadin Chairman Arsjad Rasjid: Government Should Adhere to Fiscal Discipline

21 hari lalu

Kadin Chairman Arsjad Rasjid: Government Should Adhere to Fiscal Discipline

Kadin Chairman Arsjad Rasjid stated that the Draft State Budget must be prepared wisely, and the government must adhere to fiscal discipline.

Read More

Today's Top 3 News: Taiwan Earthquake Rescuers Face Threat of Landslides

27 hari lalu

Today's Top 3 News: Taiwan Earthquake Rescuers Face Threat of Landslides

Here is the list of the top 3 news on Tempo English on Saturday, April 6

Read More

Jokowi Asks 2025 State Budget Plan to Be Discussed with Prabowo's Administration

27 hari lalu

Jokowi Asks 2025 State Budget Plan to Be Discussed with Prabowo's Administration

President Jokowi held a limited meeting at the Presidential Palace today in Jakarta to discuss the 2025 State Budget.

Read More

Finance Minister Sri Mulyani Testifies in Election Dispute Hearing at Constitutional Court

28 hari lalu

Finance Minister Sri Mulyani Testifies in Election Dispute Hearing at Constitutional Court

Finance Minister Sri Mulyani Indrawati guarantees that the preparation of the 2024 State Budget (APBN) was not affected by the 2024 general election.

Read More

Finance Minister Sri Mulyani Says No Discussion of Free Lunch Program Yet in State Budget Talks

44 hari lalu

Finance Minister Sri Mulyani Says No Discussion of Free Lunch Program Yet in State Budget Talks

Sri Mulyani said the ministry will not issue any statement regarding the free lunch program and its relation to the 2025 State Budget.

Read More

OIKN Predicts That in the Next 10 Years, Nusantara Development will Not Need State Budget

3 Maret 2024

OIKN Predicts That in the Next 10 Years, Nusantara Development will Not Need State Budget

OIKN predicts that in the next 10 years, the development of Indonesia's future capital city will not require funds from the State Budget

Read More

Jokowi Discusses Prabowo-Gibran's Free Lunch Program During Cabinet Meeting

27 Februari 2024

Jokowi Discusses Prabowo-Gibran's Free Lunch Program During Cabinet Meeting

Jokowi's cabinet discussed the free lunch program proposed by running candidate Prabowo-Gibran at a meeting held today in Jakarta.

Read More