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Not All Regions Can Issue Bonds

Monday, April 15, 2024

Finance Ministry’s Director-General of Fiscal Balance, Luky Alfirman, explains regional bonds.

arsip tempo : 172126844626.

Finance Ministry Director-General of Financial Balance, Luky Alfirman, in Jakarta, April 4. TEMPO/Febri Angga Palguna . tempo : 172126844626.

THE plan to issue regulation regarding regional bonds has drawn both support and criticism. Many see regional bonds as highly risky, especially given the ongoing surge in government debt. On the other hand, regions also need creative financing mechanisms outside of regional budgets to fund specific projects.

Luky Alfirman, the Director-General of Fiscal Balance at the Finance Ministry, stated that the issuance of bonds heavily depends on th


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