Abstract
Population growth and welfare development in each province, particularly Banten, have been inadequately supported by the management of natural resources. In fact, such condition prevalent across Indonesia. Accordingly, the study aims to investigate the regulation of central and regional relations under Law Number 1 of 2022; Financial Relations between the Central and Regional Governments, as well as their Ideal Format based on Natural Resource Utilization in Banten province. The study employed normative juridical methods, involving a statutory approach. The study took place in Banten Province. The findings are, the financial administration system, regulating central and regional relations, is law number 1 of 2022; financial relations between central and regional governments, which provide regional income sources, manage transfers to regions, manage regional expenditure, give authority to carry out financing regions, and implement national fiscal policy synergies in a fair, transparent, accountable and harmonious manner. Framework of the Unitary State of the Republic of Indonesia, optimal structure of central and regional relations--the utilization of natural resources in Banten Province. In particular, the management of natural and other resources, as stated in the Profit Sharing Fund layout, which is standardized in the law on central and regional financial relations, is referred as implementing regional autonomy through a clustering mechanism between regions, while considering the ecological and conditional factors (economic, social and political conditions). To summarize, harmonization and coordination between central and Banten provincial government is highly required. In addition, Banten provincial government should immediately issue derivative regulations to facilitate policy implementation.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call