I think the concept put forward by Paolo de Renzio
and Lakin's paper, 2019 is a good concept and can be recommended for improving
public finance practices and government budgets in Indonesia. As stated by
Paolo de Renzio and Jason Lakin, in recommending the stages in the management
of public finance practices and advanced government budgets in a country, the
following are discussed: (1) fiscal reform and tax equity, (2) allocation
and expenditure. resource; 3) service delivery and performance; and 4) deficit,
debt, and financing. The four discussions, of course, for the
Indonesian context are challenges that require the Indonesian government's hard
efforts because at each point of the discussion, Indonesia still needs
improvements, in this case fiscal reforms that can touch all lines in the
government bureaucratic system. I support this with several statements that put
forwarded by the Minister of Finance of the Republic of Indonesia, Sri Mulyani
Indrawati regarding the governance of public finance practices and the
Indonesian government's budgetmanagement , as follows:
1.
The Minister of Finance explained that the
government's budget will focus on strengthening the quality of human resources,
accelerating infrastructure development, bureaucratic and regulatory reform,
and supporting industrial revitalization by encouraging green economic
development.
From the above points put forwarded by the Ministry
of Finance, it can be concluded that, in fact, Indonesia in 2023 will lead to
many improvements in public financial management and government budgets. One of
them is in the second point regarding the explanation of the 2023 fiscal policy
reforms that will certainly be carried out by Indonesia in the context of the
effectiveness of economic transformation and supported by the mobilization of
income for the widening of fiscal space. At this point, it is actually very
inline with what was conveyed by De Renzio and Lakin's 2019 writing, which
explains that in tax reform, tax policy and revenue collection is one of the
areas where fairness considerations are very important. how? citizens' state
taxes - through direct or indirect taxation, view personal and corporate
income, wealth vs. consumption, etc. – determine how the burden of financing
public spending is distributed. In this area, it is important to look at the
progress of the overall tax system, or whether proportionally asking for more
of it is better in terms of income and wealth.
The energy crisis has hit many countries in the world. Indonesia is no exception. Indonesia as part of the largest Asian country in the southeast has a role in maintaining its natural resources and other efforts to overcome the effects of the current crisis, coupled with the conflict between Russia and Ukraine. An energy crisis is a shortage (or price increase) in the supply of energy resources to the economy. These crises usually point to a shortage of petroleum, electricity, or other natural resources. This crisis has had repercussions on the economy, with many recessions and others. The conditions currently experienced by Indonesia related to the energy crisis are starting to be felt, this of course has a negative and positive impact on Indonesia. The negative impact is to encourage an increase in commodity prices including the price of fuel oil (BBM), LPG, and also the basic electricity tariff (TDL).The Russia-Ukrainian war became the source of the world's ene...
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