{"id":243039,"date":"2022-03-25T20:22:56","date_gmt":"2022-03-25T13:22:56","guid":{"rendered":"https:\/\/setkab.go.id\/?p=243039"},"modified":"2022-03-28T14:24:47","modified_gmt":"2022-03-28T07:24:47","slug":"govt-establishes-indonesiana-fund-to-support-cultural-development","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/","title":{"rendered":"Gov\u2019t Establishes Indonesiana Fund to Support Cultural Development"},"content":{"rendered":"<div id=\"attachment_243040\" style=\"width: 910px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-243040\" class=\"size-full wp-image-243040\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2022\/03\/Dana-Indonesiana-Bukti-Komitmen-Pemerintah-Dukung-Kebudayaan.jpeg\" alt=\"\" width=\"900\" height=\"600\" \/><p id=\"caption-attachment-243040\" class=\"wp-caption-text\">Minister of Finance Sri Mulyani and Minister of Education, Culture, Research, and Technology Nadiem Makarim. (Photo by: PR of Ministry of Finance)<\/p><\/div>\n<p style=\"font-weight: 400;\">In a bid to support a stable and sustainable cultural development, Ministry of Education, Culture, Research, and Technology and Ministry of Finance have launched Indonesiana Fund.<\/p>\n<p style=\"font-weight: 400;\">Indonesiana Fund is an endowment fund with a primary fund that will not be used for other needs and will continually be invested specifically in the cultural sector. The primary fund will continue to be increased and accumulated annually. The outcome of the primary fund management will then be used as a source of fund for various cultural activities.<\/p>\n<p style=\"font-weight: 400;\">\u201cAs a mechanism to manage fund for education, including culture, we established this endowment fund. The philosophy of endowment fund is to secure so that the fund we allocate each year is not completely used up at the end of the year, it can be put into a piggy bank. In state mechanism, the piggy bank is called Public Service Agency (BLU). For this, we made a piggy bank named National Education Development Fund (LPDP), so each year we deposit the fund there,\u201d Minister of Finance Sri Mulyani Indrawati said at Freedom to Learn event, Wednesday (03\/23).<\/p>\n<p style=\"font-weight: 400;\">According to Sri Mulyani, since 2020, Ministry of Finance has begun to allocate Rp1 trillion for endowment fund for culture deposited in LPDP, then in 2021, the ministry deposited another Rp2 trillion, so the current amount of the fund is Rp3 trillion.<\/p>\n<p style=\"font-weight: 400;\">\u201cNow with the establishment of Indonesiana Fund, we will be able to keep <em>Bapak <\/em>President\u2019s promise to achieve Rp5 trillion. Next year, we hope it can be able to be replenished so that it reaches Rp5 trillion,\u201d she said, adding that this endowment fund must be utilized with a good governance that can be taken into account because the source is the state\u2019s money.<\/p>\n<p style=\"font-weight: 400;\">For the record, Indonesiana Fund utilization is not only planned by the Government but also by stakeholders in the cultural sector, program steering board, and substance selection committee consisting of experts in the cultural sector, artists, and influencers in the cultural sector.<strong> (PR of Ministry of Finance\/JW) <\/strong><strong>(DH\/HD\/MMB)<\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong>The official website of Ministry of Finance can be accessed through <a href=\"https:\/\/www.kemenkeu.go.id\/\">this link<\/a>. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a bid to support a stable and sustainable cultural development, Ministry of Education, Culture, Research, and Technology and Ministry of Finance have launched Indonesiana Fund. Indonesiana Fund is an endowment fund with a primary fund that will not be used for other needs and will continually be invested specifically in the cultural sector. The [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":243040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-243039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gov\u2019t Establishes Indonesiana Fund to Support Cultural Development - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t Establishes Indonesiana Fund to Support Cultural Development - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"In a bid to support a stable and sustainable cultural development, Ministry of Education, Culture, Research, and Technology and Ministry of Finance have launched Indonesiana Fund. Indonesiana Fund is an endowment fund with a primary fund that will not be used for other needs and will continually be invested specifically in the cultural sector. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-25T13:22:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-28T07:24:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2022\/03\/Dana-Indonesiana-Bukti-Komitmen-Pemerintah-Dukung-Kebudayaan.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:site\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/\"},\"author\":{\"name\":\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\",\"@id\":\"https:\/\/setkab.go.id\/#\/schema\/person\/ccc9c04099be79c6aa9ed45cb3bf345e\"},\"headline\":\"Gov\u2019t Establishes Indonesiana Fund to Support Cultural Development\",\"datePublished\":\"2022-03-25T13:22:56+00:00\",\"dateModified\":\"2022-03-28T07:24:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/\"},\"wordCount\":389,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/setkab.go.id\/#organization\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2022\/03\/Dana-Indonesiana-Bukti-Komitmen-Pemerintah-Dukung-Kebudayaan.jpeg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/\",\"url\":\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/\",\"name\":\"Gov\u2019t Establishes Indonesiana Fund to Support Cultural Development - Sekretariat Kabinet Republik Indonesia\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2022\/03\/Dana-Indonesiana-Bukti-Komitmen-Pemerintah-Dukung-Kebudayaan.jpeg\",\"datePublished\":\"2022-03-25T13:22:56+00:00\",\"dateModified\":\"2022-03-28T07:24:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/setkab.go.id\/en\/govt-establishes-indonesiana-fund-to-support-cultural-development\/#primaryimage\",\"url\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2022\/03\/Dana-Indonesiana-Bukti-Komitmen-Pemerintah-Dukung-Kebudayaan.jpeg\",\"contentUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2022\/03\/Dana-Indonesiana-Bukti-Komitmen-Pemerintah-Dukung-Kebudayaan.jpeg\",\"width\":900,\"height\":600,\"caption\":\"Minister of Finance Sri Mulyani and Minister of Education, Culture, Research, and Technology Nadiem Makarim. 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