2022 State Budget: Fiscal Policy and Structural Reform
Efforts to Accelerate Infrastructure Provision
The establishment of Indonesia Asset Management Agency (LMAN)
Government has established State Asset Management Unit (LMAN) as a solution to
accelerate the land acquisition through the provision of land acquisition fund
LMAN at a Glance
&
Land Acquisition Budgeting Scheme
1. LMAN was established in December 2015
through the issuance of MoF Reg. 219/2015
concerning State Assets Management
2. In 2016, BLU LMAN was mandated to provide
land acquisition fund as a support to Ministry of
Public Works due to US$ 1,081 Mio shortage of
fund to acquire land for priority toll roads
3. The scope of support is broaden for all National
Strategic Projects through the issuance of MoF
Reg. 21/2017 (j.o MoF Reg. 209/2019 j.o. MoF
Reg. 139/2020) concerning land acquisition
financing guideline for PSN
-
4. In 2016 July 2021, LMAN has disbursed up to
IDR 80,17 Trillion through bridging finance
scheme for 97 PSN projects, and planned to start
the implementation of direct payment scheme
1.
Unutilized fund can be allocated for the
following year
2.
3.
Non-project-specific land acquisition fund
allocation. Unused allocated fund can flexibly be
made available for the other project
Land acquisition fund for PSN projects is
managed under one agency
This LMAN initiative provides better
flexibility, coordination and
management of land acquisition fund
provision for National Strategic
Projects (PSN)
Source: Committee for Acceleration of Priority Infrastructure Delivery (KPPIP)
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