Emergency fund disbursement

Emergency fund disbursement

TANGERANG (JP): Disbursement of an emergency fund amounting to
Rp 7.9 billion has been hindered in Tangerang by failures on the
part of the Village Resilience Boards (LKMD) to meet the set
requirements, an official said on Saturday.

Most proposals submitted by the LKMD executives in 104
villages/subdistricts were returned, Tangerang Mayor H. Moch.
Thamrin said, without giving details of the unfulfilled
requirements.

"The funds were originally designed to be disbursed by the end
of next month at the latest. But due to unfulfilled requirements,
it will possibly be postponed," Thamrin said.

He said the inability of the LKMD executives to meet
requirements was caused mainly by poor knowledge of how the fund
would be used.

Data at the mayoralty office showed that the fund, created by
the central government to help poor people cope with the worst
impacts of the economic crisis, had already been transferred to
the Tangerang branch of state Bank Rakyat Indonesia.

"It will immediately be channeled to the bank accounts of each
district as soon as requirements are fulfilled," Roestiwi, a
secretary of the Tangerang office of the National Development
Planning Agency, said.

Out of the Rp 7.9 billion fund, Rp 3.17 billion would be used
to finance repair work on several roads and irrigation facilities
as well as public buildings and Rp 3.92 billion is to be lent to
small-scale businessmen. (41/hhr)