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Jakarta Post

Jokowi calls on administration to improve financial reports

President Joko "Jokowi" Widodo has stressed the government's commitment to managing its finances effectively and transparently and to ensure greater accountability.

Ayomi Amindoni (The Jakarta Post)
Jakarta
Tue, September 20, 2016

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Jokowi calls on administration to improve financial reports Listen up -- President Joko "Jokowi" Widodo speaks at a Cabinet meeting at the Presidential Office in Jakarta. (Courtesy of the Presidential Office/File)

P

resident Joko "Jokowi" Widodo has stressed the government's commitment to managing its finances effectively and transparently and to ensure greater accountability. To that end, he said, all government branches had to continuously improve their financial reports.

“They should not focus on procedures but more on the outcome. This principle should be realized concretely in high-quality and timely financial reports," Jokowi said at the State Palace in Jakarta on Tuesday.

He added that transparency and accountability in state financial reports were a government’s moral and constitutional responsibilities toward the people.

"That's the essence. We must ensure that every penny of their money is fully used for the benefit of all the people, so that they can directly feel the benefit from their money," he went on.

Jokowi further stressed that with a continuous increase in state and regional budgets, all budgetary allocations should be more focused on productive spending to boost the economy of the people through infrastructure development and poverty alleviation. (ebf)

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