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Bill on Finance

Preparing for the Birth of the Mother

Tuesday, February 6, 2001

The government is drafting a bill on state finances that will drastically change financial management. And the National Development Planning Board (Bappenas) will be abolished.

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A mother to be born after her children? Believe it or not, that seems to be the case with the law on state finances. This is the mother of all laws related to state finances, such as taxation and the central bank. While the Law on Bank Indonesia has been delivered—although it's undergoing an amendment process—the law on state finances is still in the womb. If all goes well, the bill will be discussed by the House of Representatives

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