Badung Regency Assures Transparency in Managing Regional Loans

The Badung Regency government in Bali has reaffirmed its dedication to managing all development financing with transparency and accountability. This commitment extends to regional loans secured from PT Sarana Multi Infrastruktur (PT SMI), a state-owned enterprise focused on infrastructure financing.

Badung Regent I Wayan Adi Arnawa stated that the entire process of managing these funds will be results-oriented, aiming for concrete impacts that benefit the local population. "We are committed to managing every development financing transparently, accountably, and results-oriented," he said during a field visit by PT SMI officials.

The visit, led by PT SMI Commissioner Ancella Hermawan, focused on providing assistance and evaluating projects within the Badung Regency that are financed through the regional loan scheme. Regent Adi Arnawa expressed his appreciation for PT SMI's ongoing support, highlighting the synergy between the local government and the financing institution as crucial for successful development programs.

Adi Arnawa stressed that PT SMI's guidance is vital for ensuring that funded projects add significant value to public services and improve community welfare. PT SMI President Director Reynaldi Hermansjah explained that the monitoring and evaluation are part of their oversight for strategic infrastructure projects, assessing their progress and societal impact while confirming Badung's commitment to sustainability. As part of the visit, SMI Berbagi, a social initiative, was also conducted.