
Finance Minister: Regions with High Fiscal Capacity Can Establish Regional Endowment Fund
Minister of Finance Sri Mulyani Indrawati has announced that regional governments can establish regional endowment fund as an option for wider cross-generational benefits. “I would like to state that based on Law on Fiscal Relations Between the Central Government and regional governments (HKPD Law), regions that have surpluses because of natural resources can establish regional […]