Cash Management Reform in Indonesia : Making the State Money Work Harder
Keywords
PUBLIC FINANCESPRIVATE FINANCIAL SECTOR
FINANCIAL MARKETS
NATIONAL GOVERNMENTS
MARKETING STRATEGY
GROSS DOMESTIC PRODUCT
CAPACITY BUILDING
TAX REVENUES
DISBURSEMENTS
GOVERNMENT ACCOUNTS
BANK ACCOUNT
ELECTRONIC BANKING
DEBTS
CS
FINANCIAL STATEMENTS
DEPOSIT
PUBLIC SERVICE
TAX COLLECTIONS
PUBLIC
RECEIPTS
GLOBAL ECONOMY
COMMERCIAL BANKS
GOVERNMENT POLICIES
FINANCIAL APPLICATION
SAVINGS
RETURN
STRUCTURE OF GOVERNMENT
DEBT LEVELS
MARKET INSTRUMENTS
CENTRAL BANK
CASH FLOW ANALYSIS
DOMESTIC BOND
ARREARS
EXTERNAL DEBT
EMPLOYEE
INVESTMENT STRATEGY
INVESTMENT DECISIONS
MONETARY POLICY
GOVERNMENT DEBT
BANKING SYSTEMS
DEBT ISSUANCE
CORRUPTION
RISK MANAGEMENT
BUDGET EXECUTION
PUBLIC EXPENDITURE
INVESTING
PAYMENT SYSTEMS
TECHNICAL SUPPORT
FINANCIAL MANAGEMENT
CASH INFLOWS
DEVELOPING COUNTRY
STATE LIABILITIES
CENTRAL GOVERNMENT FINANCING
CASH BALANCES
ID
BUDGET SURPLUS
GOVERNMENT FINANCE
REGULATORY FRAMEWORK
DOMESTIC BOND MARKET
SPECIAL FUNDS
SHORT-TERM LENDING
EXPENDITURES
TAX REVENUE
GOVERNMENT SECURITIES
INSTITUTIONAL REFORMS
TRUST FUND
GOVERNMENT ACCOUNT
FISCAL POLICY
DEBT MANAGEMENT
CASH ACCOUNT
PUBLIC EXPENDITURES
BUDGETING
COMMERCIAL BANKING
PUBLIC FINANCE
MINISTRIES OF FINANCE
PUBLIC RESOURCES
ECONOMIC ASSUMPTIONS
DOMESTIC BORROWING
APPROPRIATIONS
DOMESTIC DEBT
PRIVATIZATION
FINANCIAL ACCOUNTABILITY
CASH RESERVES
PUBLIC SECTOR
BANKING SYSTEM
BENEFICIARIES
BUDGET DEFICIT
PAYMENT ORDER
PUBLIC SECTOR MANAGEMENT
EXCESS LIQUIDITY
RETURNS
MARKET DEVELOPMENT
BUDGET PROCESS
ACCOUNTING
DEBT LEVEL
HOLDING
EXTRABUDGETARY FUNDS
LOCAL GOVERNMENT
EQUITY PARTICIPATION
INFORMATION TECHNOLOGY
LIQUIDITY MANAGEMENT
PUBLIC SERVICE DELIVERY
CASH OUTFLOWS
GOVERNMENT BANK
ECONOMIC COOPERATION
STOCK EXCHANGE
CREDIT RISK
CASH ACCOUNTS
SHORT-TERM LIQUIDITY
RECEIPT
ACCOUNTANT
PHYSICAL CAPITAL
ECONOMIC CRISIS
INTEREST COSTS
FINANCIAL ANALYSIS
BONDS
GOVERNMENT EXPENDITURE
CONTINGENT LIABILITIES
FINANCIAL ADMINISTRATION
DEPOSITS
PROVISIONS
STATUTORY LIQUIDITY
DEVELOPING COUNTRIES
MONEY MARKET
CASH FLOW
BORROWING COSTS
DEBT FINANCING
BANK ACCOUNTS
INFORMATION SHARING
GOVERNMENT BORROWING
INFORMATION SYSTEM
TREASURY
DECENTRALIZATION
PUBLIC DEBT
ISSUANCE OF TREASURY BILLS
CREDIBILITY
BORROWING STRATEGY
DEVELOPMENT BANKS
GOVERNMENT REVENUES
RISK MANAGEMENT SYSTEMS
TRANSACTION COSTS
LOCAL GOVERNMENTS
FINANCIAL REGULATIONS
DISBURSEMENT
GOVERNMENT BUDGET
ELECTRONIC FUND
ACCOUNTING FRAMEWORK
REVENUE SHARING
SETTLEMENT
REVENUE COLLECTION
EXPENDITURE
INVESTMENT PROJECTS
FINANCIAL INSTITUTIONS
CURRENCY
FINANCIAL MANAGEMENT SYSTEMS
SECURITIES ISSUANCE
SOCIAL SECURITY
CASH BALANCE
BANKING SERVICES
DEBT
TIMELY PAYMENT
FISCAL BALANCE
UNION
DEBT SERVICING
LIABILITY MANAGEMENT
FUND MANAGER
ANNUAL BORROWING PLAN
PRIVATE SECTOR
MONETARY FUND
COMMERCIAL BANK
SLR
AMORTIZATION
GOVERNMENT REVENUE
DEBT INSTRUMENT
FINANCIAL CRISIS
DEBT SOURCES
TAX
SURPLUS FUNDS
LIABILITY
LICENSES
FINANCING COSTS
CASH FLOWS
FINANCIAL INSTRUMENTS
GEOGRAPHICAL SPREAD
INFORMATION SYSTEMS
STATE OWNED ENTERPRISES
GOVERNMENT FINANCING
ELECTRONIC PAYMENTS
FINANCIAL INCENTIVES
INTEREST RATE
TELECOMMUNICATIONS
PORTFOLIO
BUDGET MANAGEMENT
CASH MANAGEMENT
TRANSACTION
DEBT POLICY
REMITTANCE
CASH FLOW PLANNING
DEFICIT FINANCING
BORROWING STRATEGIES
DEBT MARKET
GROSS SETTLEMENT SYSTEM
LACK OF TRANSPARENCY
BANK OFFICE
MONEY MARKETS
FINANCIAL MARKET
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http://hdl.handle.net/10986/20665Abstract
During the last decade, a body of common practices has emerged among developing countries on the legal, institutional and procedural foundations to support efficient cash management. These common practices have been reviewed and documented in guidance notes and publications on international practices issued by multilateral institutions like the International Monetary Fund (IMF), the World Bank (WB), and the Organization for Economic Co-operation and Development (OECD). Additionally, frequent peer-to-peer exchanges of experiences between countries have resulted in the continued evolution of cashmanagement practices to leverage improvements in data management, ICT and banking systems. The first part of this chapter examines international practices with regard to setting the objectives, as well as the legislative and institutional arrangements for cash management. It details the objectives and principles of cash management, its links with policy issues, information technology needs, incentives and sanctions to promote implementation, and the sequencing of the reform. The second part of the chapter describes Indonesia s experience with setting the objectives and institutional arrangements related to cash management, and with sequencing of the cash management reform. The concluding part describes the remaining challenges and suggests the way forward.Date
2014-12-08Identifier
oai:openknowledge.worldbank.org:10986/20665http://hdl.handle.net/10986/20665
Copyright/License
CC BY 3.0 IGOCollections
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