Sri Mulyani's Story: Indonesia Has No Accountants School For 7 Years Of Independence, 58 Years Using The Dutch Finance Law UU

Minister of Finance Sri Mulyani Indrawati. (Photo: Doc. Setkab)

JAKARTA - Minister Sri Mulyani revealed that Indonesia had used the Dutch State Finance Act at the beginning of its independence in 1945. Even the law was used by the country until 2003.

During those 58 years, the Indonesian government implemented state finance regulations from the Dutch Indische Comptabiliteitswet (ICW).

"Since Indonesia's independence until 2003 we implemented the ICW Law from the Dutch colonial," said Sri Mulyani in the 6th Anniversary of PKN STAN, Thursday, July 15 yesterday.

Now, in 2003, said Sri Mulyani, Indonesia just made a regulation regarding state finances. The regulation is in the form of Law Number 17 of 2003 concerning State Finance.

"It was only in 2003 that we issued the State Finance Law and 2004 the State Treasury Law," explained the former World Bank Managing Director.

Not only that, Sri Mulyani told that Indonesia had not had a special accounting school for seven years since independence. Indonesia only had a special school that offered the position of accountant in 1952.

"Just imagine, Indonesia became independent in 1945, but there were only courses on accountants in 1952. This means that after seven years of independence, no one has been able to take care of this or maybe even there are no accountants," said Sri Mulyani.

Then, the new academic tax and customs existed in 1957 ago. That is, the new academic was built after 12 years of Indonesia's independence.

"Perhaps the functions of state revenue, taxes and customs are carried out in a minimal way. Technical capabilities are very limited," Sri Mulyani explained.