Universitas Gadjah Mada
Faculty of Economics and Business

Friday (4/8), in a series of the 28th anniversary of the Masters in Development Economics Study Program (MEP), Faculty of Economics and Business Universitas Gadjah Mada (FEB UGM), MEP held a national seminar entitled "Assessment of Regional Financial Management Assets and its Relation to the Preparation of Long-Term Development Plans and Regional Medium Term". This seminar began with remarks and congratulations on MEP’s dies natalis by Bayu Sutikno, S.E., M.S.M., Ph.D., as Vice Dean for Academic and Student Affairs.

Then, the seminar entered a discussion session on the theme of Asset Valuation and Regional Financial Management. This seminar was moderated by Uswatun Khasanah, M.Si. MAPPI(Cert.), who is also an alumnus of MEP FEB UGM. This seminar invited Dr. Ing Mada Dahana, S.T., M.T., Director of Development Planning at the Ministry of National Development Planning/Bappenas RI, Arik Haryono, Adv.DEM., M.Sc., Director of Assessment of DJKN Ministry of Finance of the Republic of Indonesia, Nafiantoro Agus Setiawan, S.E., M.Si., Head of Sub-Directorate for Business Assessment Standardization of DJKN Ministry of Finance of the Republic of Indonesia, Amirullah Setya Hardi, Cand.Oecon., Ph.D., Lecturer at the Department of Economics, FEB UGM, and Wakhid Slamet Ciptono, M.B.A., M.P,M., Ph.D. Lecturer in the Management Department of FEB UGM. In the first session

Dr. Mada explained the Golden Indonesia Vision 2045 and its relation to Financial Management and Regional Development Plans. Mada, in this presentation, discussed the harmony of the RPJPN in regional planning, the breakthrough efforts that are being made, as well as examples of the implementation of regional financing. One of the examples presented by Mada includes regional financing through blended finance for refuse-derived fuel (RDF) projects.

Furthermore, from the perspective of the Ministry of Finance’s DJKN Assessor, Arik discussed "BMD Assessment and its Linkage to the Preparation of the RPJPD and RPJMD". He began his presentation by explaining the 2025-2045 National Long-Term Development. Arik also detailed the management of regional assets and finances in a sequential scheme, starting from budgeting, administration, accountability, to inspection. Arik also explained details about the appraiser’s profession, appraiser’s position, and transaction data center.

Then, as the next guest speaker, Dr. Wakhid explained Strategic Asset Management Moderating the RPJP/RPJMD and Asset Valuation/Regional Financial Management: Development Economics Perspective. In his presentation, Dr. Wakhid explained that the phenomenon of "global boiling", including SDG, ESG, and Green and Blue Economy, needs to be responded to with planning from 3 levels: macro (RPJP/RPJMD), meso (through strategic asset management), and micro (regional financial assessment).

Dr. Amirullah continued the series of seminar in his material entitled "Assessment and Management of Regional Finances in Relation to the Preparation of the RPJPD and RPJMD". Dr. Amirullah began his presentation with an economic development approach, a technocratic approach and a political planning approach in designing, managing and assessing regional finances. He concluded that planning and budgeting are interrelated processes within the RPJPD and RPJMD. Dr. Amirullah concluded that planning skills need to be accompanied by synergies between stakeholders and scientific fields. After the last presentation, the moderator opened a question-and-answer session, which the participants enthusiastically attended. The question and answer session ended this National Seminar.

Reportage: Hayfaza Nayottama 
Watch the full video at https://youtu.be/rixdYsb7HAA