Remind Pramono To Be Careful About Regional Bond Plans, DPRD: The Public Is Very Sensitive To Debt

DKI Jakarta Governor (Diah Ayu/VOI)

JAKARTA - Member of Commission B of the DKI Jakarta DPRD, Dwi Rio Sambodo, reminded DKI Jakarta Governor Pramono Anung and his staff to be careful and carefully prepare for the plan to issue bonds or regional debt securities.

According to Rio, the issuance of bonds has a considerable risk and its success is highly dependent on the credibility and management of regional financial fiscals.

"We can't play around with this. We have to be careful. Moreover, today the public is very sensitive to loans and debts, although not all debts are not productive," said Rio, Monday, October 27.

"Moreover, we have a history, track record, if I'm not mistaken in 2011, we have rejected regional bonds for how many developments. Even though later here, this has always been something that the executive has offered us," he continued.

Therefore, Rio encourages the DKI Provincial Government to be more creative in increasing regional income amid cutting transfer funds to the regions (TKD). Where, the Ministry of Finance reduced TKD to Jakarta to Rp15 trillion to only Rp11 trillion.

"For example, how then can we prepare or revise the determination of regional spending, goods in Jakarta. We can't further explore the price units (regional spending) in Jakarta. If we can arrange it later, I'm sure we get approximately 20-30 percent of the efficiency results ourselves through internal consolidation," explained Rio.

In addition, the DKI Provincial Government is asked to be more active in combing through employee data that is no longer active related to the allocation of personnel spending. According to him, many ASN have retired and even died but are still being paid for due to unrenewable data collection.

"There should be a system that can be detected for a long time, before they retire and so on, then it can be one of our efforts to deal with efficiency times like this," he said.

Previously, DKI Jakarta Governor Pramono Anung admitted that the DKI Provincial Government had submitted a discourse on issuing regional bonds to the Ministry of Finance.

"At that time, the city hall had met with the director in charge of issuing regional bonds that provided approval," said Pramono at Cengkareng Hospital, West Jakarta, Thursday, October 16.

While waiting for approval to issue regional debt securities from the Directorate General of Fiscal Balance at the Ministry of Finance, the DKI Provincial Government is also still preparing what the regions need.

"We are under discussion and hopefully it will be resolved soon," said Pramono.

Creative financing is indeed needed by the DKI Provincial Government to cover budget needs in work and development programs next year due to cutting transfer funds to regions in the budget next year.

"With yesterday the DBH being reduced, of course, we have to find a way to get Jakarta's revenue, it can also be done," said Pramono.

"If it is permitted by the central government, Jakarta will immediately prepare what I said yesterday in front of the Minister of Finance regarding two things, the Jakarta and Jakarta Collaboration Fund bonds," he added.