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Aug, 2016

The Journey of FMIS Implementation in Indonesia

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In order to improve the accountability of public finance practices, the government of Indonesia initiated the Public Financial Management Reform in 2001. The first milestone of the reform is the enactment of a number of new laws including State Finance Law, State Treasury Law, and Audit and Accountability of State Finance Law in 2003 and 2004. Based on the mandate of the new laws and in collaboration with the World Bank, in 2004 the Government of Indonesia initiatied the Public Financial Management project to improve the accountability, transparency, effectivenss and […]

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