Preparing the Cultural Endowment Fund
Monday, 4 April 2022
The government allocates Rp3 trillion to fund art and culture in Indonesia. This fund should be managed by financial professionals with a clear mandate to promote culture.
ALMOST five years after the Cultural Advancement Law was passed, finally those working in the fields of art and culture in Indonesia will be able to make use of this endowment fund. Grants can be paid out after the government provides information to all arts and culture stakeholders. Apart from this, the government will have to draw up regulations concerning the planning, budgeting, payment and responsibility for these grants. According to Presid...
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