2021, Sri Mulyani Allocates Regional Transfers to Reach IDR 723.5 Trillion

Suara.com – Minister of Finance Sri Mulyani Indrawati said that for 2021, the government has budgeted Transfers to Regions and Village Funds (TKDD) of Rp. 795.5 trillion, consisting of transfers to regions of Rp. 723.5 trillion and village funds of Rp. 72 trillion.

This was conveyed at a Working Meeting with Committee IV of the Regional Representative Council (DPD) RI with a discussion of the TKDD Policy Direction for Fiscal Year 2021 which was conducted virtually on Tuesday (19/1/2021).

“The direction of Transfer to Regions and Village Funds in 2021 is to support economic recovery and the focus is of course in this case various connectivity and helping the community and the business world, especially MSMEs, to also support the improvement of the investment climate because in the end the investment will be in each region,” said Sri Mulyani.

He added that the TKDD synergy with the Ministry of Institution’s spending will be increased to improve the quality of human resources, especially in the education and health sectors.

Also Read: Covid-19 is violent, Sri Mulyani asks for IDR 15 trillion APBD for vaccines

In addition, the government also continues to encourage infrastructure spending in the regions through various creative financing including Public Private Partnership (PPP) to support the achievement of the National Medium Term Development Plan (RPJMN) target.

“We are redesigning the management of TKDD, especially for general transfer funds and special transfer funds to become more performance-based budgeting so that there should be no budget on the one hand. On the one hand, idle funds are not used,” he added.

Finally, the Minister of Finance explained that the TKDD policy direction to improve the performance of transfers to regions and village funds would be carried out by reforming the APBD through the implementation of Regional Unit Price Standards and Standard Account Charts, so that each region can be compared apple to apple or the same so that there is no imbalance. between regions which differ greatly in terms of price standards and financial reports.

Source: Suara.com – Kumpulan Berita Bisnis Hari Ini Yang Terbaru by www.suara.com.

*The article has been translated based on the content of Suara.com – Kumpulan Berita Bisnis Hari Ini Yang Terbaru by www.suara.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!