Indonesian Political, Business & Finance News

Home Affairs Ministry Pushes for Online SP2D to Boost Regional Financial Transparency

| Source: DETIK Translated from Indonesian | Economy
Home Affairs Ministry Pushes for Online SP2D to Boost Regional Financial Transparency
Image: DETIK

The Ministry of Home Affairs (Kemendagri) is continuing to push for the acceleration of the online Surat Perintah Pencairan Dana (SP2D) implementation as part of efforts to strengthen the Electronification of Local Government Transactions (ETPD). The initiative was discussed during a Coordination Meeting on the Acceleration of Local Government Transaction Electronification, involving the Financial Services Authority (OJK), Bank Indonesia, Regional Development Banks (BPD), local governments (Pemda), and other relevant stakeholders.

During the meeting, Director General of Regional Financial Development (Keuda) Agus Fatoni emphasised that accelerating the implementation of online SP2D is a crucial instrument for realising regional financial governance that is more transparent, accountable, effective, and digitally integrated. ‘Today we can meet together to discuss and find solutions regarding the implementation, particularly concerning the acceleration of local government transaction electronification,’ Fatoni stated on Thursday (18/6/2026), recounting his opening remarks at the coordination meeting held at the Ministry of Home Affairs office in Jakarta on Wednesday (17/6).

Beyond supporting the efficiency of the regional budget disbursement process, online SP2D is also part of the digital transformation of regional financial management through the Republic of Indonesia Local Government Information System (SIPD RI). On this occasion, Fatoni expressed appreciation for the local governments and BPDs that have demonstrated commitment to supporting the online SP2D implementation. He stressed that OJK’s involvement in the coordination meeting aimed to ensure that local governments and stakeholders understand the regulatory aspects while receiving assistance from the institution. ‘We deliberately invited OJK here as the regulator and mentor for banking implementation, and they will also provide direction on how we carry out this acceleration,’ Fatoni said.

Fatoni added that the management of the Regional General Cash Account (RKUD) must adhere to statutory provisions, namely Law Number 1 of 2004 concerning the State Treasury, Government Regulation Number 12 of 2019 concerning Regional Financial Management, and Minister of Home Affairs Regulation Number 77 of 2020 concerning Technical Guidelines for Regional Financial Management. ‘The selection of the bank managing the RKUD considers several aspects, including the bank’s reputation and health, the quality of services provided, and the benefits it can offer for regional development and the economy,’ he explained.

Meanwhile, OJK representative Aprianus John Risnad expressed support for the acceleration of ETPD as part of the national agenda for digitising public financial governance. OJK views the role of BPDs as highly strategic in supporting the digital transformation of local government financial services. Therefore, OJK continues to strengthen BPD capacity through capital reinforcement, information technology governance, digital risk management, and synergy development through the Bank Business Group (KUB) scheme. ‘We have already issued regulations regarding digital maturity and all related matters, which we ask you (BPDs) to measure yourselves,’ John said.

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