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Finance Ministry, BPKP move to strengthen state budget oversight

Finance Ministry, BPKP move to strengthen state budget oversight 5th March 2021 Ministry of Finance (kemenkeu.go.id) (The MoU has been signed) In order to improve the effectiveness, efficiency, and accountability of the management of state finances Jakarta (ANTARA) - The Ministry of Finance (Kemenkeu) and the Financial and Development Supervisory Agency (BPKP) have signed a memorandum of understanding (MoU) to strengthen the supervision of the integrated state budget.   “(The MoU has been signed) In order to improve the effectiveness, efficiency, and accountability of the management of state finances, according to a statement issued by the Finance Ministry, received in Jakarta on Friday.

Govt highlights increased 2021 PEN budget to reach Rp699 43 trillion

Finance Minister Sri Mulyani Indrawati revealed that budget for the National Economic Recovery Program (PEN) had increased to Rp699.43 trillion in 2021, from .

Social security program seeks to address poverty challenge

Social security program seeks to address poverty challenge 19th February 2021 Illustration - portrait of poverty (ANTARA) The COVID-19 pandemic, which has triggered a global economic crisis, is posing a real challenge to many countries, including Indonesia, in their efforts to meet the UN Sustainable Development Goal (SDG) of ending poverty by 2030. Owing to the pandemic’s impact on the economy, global poverty could increase for the first time since 1990, representing a reversal of approximately a decade of global progress in reducing poverty, according to a study by the United Nations University – UNU Wider. The World Bank, in its Poverty and Shared Prosperity Report, published in October, 2020, confirmed that the poverty reduction progress has slowed down owing to the impact of COVID-19.

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