Regional Governments Can Borrow From SMI to Build Infrastructure, Purbaya Says, and Will Be Partially Repaid Using DBH.
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5 Articles
The discourse on issuing regional bonds by the West Sumatra Regional Government is in conflict with the Minister of Finance's directive to utilize loans through PT SMI, reflecting the dynamics of fiscal decentralization.
Purbaya has prepared a scheme for local governments to borrow funds from PT Sarana Multi Infrastruktur (SMI) to build infrastructure, with some of the payments being made through revenue-sharing funds (DBH).
Finance Minister Purbaya Yudhi Sadewa highlighted the regional bond plan. He stated that approximately Rp100 trillion in regional government funds are still held in banks.
Finance Minister Purbaya Yudhi Sadewa urged regional governments to be careful and cautious in planning the issuance of regional bonds.
JPNN.com - Minister of Finance (Menkeu) Purbaya Yudhi Sadewa is preparing a financing scheme that will allow regional governments (Pemda) to apply for loans to PT Sarana Multi Infrastruktur (SMI) to finance infrastructure development.
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