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🇮🇩 Indonesia /Economy & Trade

Home Affairs Ministry Taps Academics, Media for Financial Index Validation

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Indonesia's Ministry of Home Affairs is involving academics, experts, and media to validate the 2024 Regional Financial Management Index.
  • This validation aims to strengthen objectivity, transparency, and accountability in assessing regional financial management performance.
  • The index is a crucial tool for mapping financial management quality and improving regional governance, with validation ensuring accurate results.

Indonesia's Ministry of Home Affairs is enhancing the objectivity and accountability of its Regional Financial Management Index (IPKD) by engaging external experts. The ministry's Agency for Domestic Policy Strategy (BSKDN) is bringing academics, specialists, and media outlets into the validation process for the 2024 IPKD measurement, which will be used for the 2025 assessment year.

BSKDN Head Yusharto Huntoyungo emphasized that the IPKD is vital for evaluating regional financial management quality and promoting better governance. He stated that the validation phase is critical to ensure the measurement results accurately reflect the real conditions in each region. "The validation process, involving academics, experts, and the mass media, is a form of commitment from the Ministry of Home Affairs to present a more independent, transparent, and accountable measurement and assessment process," Yusharto said during the virtual opening of the validation event on Thursday (June 18, 2026).

Huntoyungo also noted that involving external parties follows the directive of the Minister of Home Affairs to conduct performance evaluations and measurements professionally and with high credibility. This ensures the IPKD results not only serve as an assessment tool but also inform policies for improving regional financial management. This year's validation adopts a regional approach based on island groups, aligning with the ministry's appreciation mechanism. The regions include Sumatra, Java-Bali, Kalimantan, Sulawesi, Nusa Tenggara-Maluku-North Maluku, and Papua. This approach aims to foster healthy competition among regions and provide them with a more proportional space to showcase their best achievements in financial management.

The validation process, involving academics, experts, and the mass media, is a form of commitment from the Ministry of Home Affairs to present a more independent, transparent, and accountable measurement and assessment process.

— Yusharto HuntoyungoHead of BSKDN Yusharto Huntoyungo speaking at the opening of the validation event.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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