VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Finance Minister Sri Mulyani Indrawati assessed that Indonesia's financial and treasury management system is in very good condition and reliable amid the pressure of the COVID-19 pandemic.

Sri Mulyani said that Indonesia's financial and treasury management system should be formed because reform has been carried out since 16 years ago, namely around 2003.

"With this reform, we see that the function of the treasury in Indonesia is getting better and better," she said in an online discussion in Jakarta, Monday.

Sri Mulyani said that the Unqualified Opinion (WTP) obtained from the Supreme Audit Agency (BPK) is also proof that all state treasury management is carried out with good accounting principles.

According to her, a good treasury system allows the government to make adaptive and responsive adjustments to the impact of the COVID-19 pandemic crisis.

"The reliable system in terms of state finances enables us to immediately make adjustments, adaptive, responsive. It can be done in an extraordinary, immediate, and flexible manner," she said.

The minister explained that the government had reformed the state treasury and financial management system through three packages of laws (UU) from around 2003 to 2004.

The three laws are concerned with state finances, state treasury and supervision, and accountability for state finances.

Since the reforms, the Directorate General of Treasury (DJPb) of the Ministry of Finance has assumed the responsibility of providing initiatives and innovations to the state treasury.

"Since then, DGT has carried out various initiatives and innovations in modernizing, improving governance and management in terms of increased reputation and credibility," he said.

On the other hand, Sri Mulyani said that DGT's reputation was not good when he first served as Minister of Finance in 2005, namely that there was a stigma in society that in disbursing the budget, brokers had to use the services of a broker.

Therefore, the Ministry of Finance established a front office, middle office, and back office in each DGT regional office in order to improve and change the stigma of the community.

"That is the first way to clean up budget brokers so that they become relatively good service offices. Automation is carried out in services so that the public knows more," she explained.

Not only that, but the Ministry of Finance also made other efforts, namely implementing a state revenue module so that the public could clearly and transparently know the flow of money into the state treasury.

Then the Ministry of Finance also established a single treasury account so that the amount and utilization of state money in each Ministry / Institution can be known.

"There is discipline and control over the entire management of state finances to be able to maintain cash, liquidity, and how to regulate the treasury. This is to ensure that government cash is sufficiently liquid," she said.

Furthermore, the Ministry of Finance created a State Treasury and Budget System (SPAN) and a Financial Application System. Agency Level (SAKTI) to continue to improve the governance of the state treasury. (Antaranews)