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CSR cash could be put to better use, says minister
Corporate social responsibility (CSR) funds could reach Rp 12 trillion (US$ 889 million) in Indonesia this year, but remain mismanaged, according to Womenâs Empowerment and Child Protection Minister Yohana Yembise
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orporate social responsibility (CSR) funds could reach Rp 12 trillion (US$ 889 million) in Indonesia this year, but remain mismanaged, according to Women's Empowerment and Child Protection Minister Yohana Yembise.
Yohana said on Thursday that the estimated figure included funds from at least 700 state and private companies.
'The large amount of CSR is still not well managed. We have to optimize it for the empowerment and economic development of local people,' she said.
According to Law No. 6/2014 on villages, Yohana said, every village in Indonesia could develop in whichever way it saw fit with allocations from the state budget (APBN). She added that there were 74,093 villages in the country.
'Villages receive hundreds of millions of rupiah from the APBN. They will eventually receive Rp 1 billion per year. Some villages could even receive Rp 5 billion a year, such as those in Bandung regency in West Java and Bengkalis regency in Riau,' she said as quoted by Antara news agency.
In the 2015 state budget, the allocation for the nation's 74,093 villages was Rp 20.77 trillion. (edn)(+++)
