scholarly journals ESTABLISHING GOOD GOVERNANCE THROUGH VALUE IMPLEMENTATION OF MONEY PRINCIPLES IN PUBLIC PROCUREMENT POLICY CONTEXT

2021 ◽  
Vol 8 (2) ◽  
pp. 205
Author(s):  
Vincensya Pingkan Meylinda Palar ◽  
Kadek Cahya Susila Wibawa ◽  
Solechan Solechan
Keyword(s):  
Financial Management ◽  
Good Governance ◽  
Public Procurement ◽  
Value For Money ◽  
Procurement Policy ◽  
Sustainable Procurement ◽  
Legal Method ◽  
Library Research ◽  
Public Money ◽  
The Right

This study aimed to review the application of Value for Money principles in public procurement policy to establish good governance in Indonesia. This research used a normative legal method using library research with legal and historical approaches. The results of this study showed that the implementation of Value for Money in public procurement policy is urgent to be applied, which is to encourage the good public procurement practice and produce the right goods/services based on quality, quantity, time, cost, location, and provider aspects; increase the efficiency of the use of public money, which can suppress budget leaks; improve the effectiveness of state financial management; improve the effectiveness and quality of public services; realize a clean government. Arrangements regarding Value for Money in public procurement policy are very clear by the application of e-procurement and utilization of e-marketplace; sustainable procurement; and the use of domestic products. This research also indicated the real relevance of the implementation of Value for Money principles in public procurement policy to establish good governance in Indonesia.

scholarly journals Public Expenditures Through Public Procurement

2018 ◽  
Vol 3 (1) ◽  
pp. 40 ◽  
Author(s):  
Azem Duraku
Keyword(s):  
Public Procurement ◽  
Equal Treatment ◽  
Public Expenditures ◽  
Value For Money ◽  
Freedom Of Establishment ◽  
The Public ◽  
Electronic Procurement ◽  
Treaty Of Rome ◽  
Public Money ◽  
The Right

Treaty of Rome of 1957 and following treaties on amending the Treaty of Rome contain a number of basic principles on which the EU is founded. Among these principles, the most important ones related to the public procurement are: prevention of discrimination based on nationality, free movement of goods; right and freedom of establishment of a business; the right to provide services. Spending of public money in Kosovo pursuant to the Law on Procurement is found on the following principles: economization and efficiency; equal treatment and non-discrimination; transparency; value for money. The average of open procedure application in EU countries is 73% based on notices, whereas in Kosovo is 82.80% based on notices. In the end of 2014, Kosovo commenced the development of electronic procurement platform. This project takes place within the Public Sector Modernization Project. The importance of the electronic procurement is stated in the statement of European Commission: “Modernization and opening of procurement markets across borders – including through the electronic procurement expansion – are crucial for the competition in Europe and creating new opportunities for businesses in EU”. A good procurement system in Kosovo will have an impact on elimination of negative phenomena (corruption and bad management) in the management of public expenditures from spending agencies, as well as an impact on increase of budget saving. Key words: public expenditures, value for money, bad management, procurement, electronic procurement.

scholarly journals Public Expenditures Through Public Procurement

2018 ◽  
Vol 2 (2) ◽  
pp. 40
Author(s):  
Azem Duraku
Keyword(s):  
Public Procurement ◽  
Equal Treatment ◽  
Public Expenditures ◽  
Value For Money ◽  
Freedom Of Establishment ◽  
The Public ◽  
Electronic Procurement ◽  
Treaty Of Rome ◽  
Public Money ◽  
The Right

Treaty of Rome of 1957 and following treaties on amending the Treaty of Rome contain a number of basic principles on which the EU is founded. Among these principles, the most important ones related to the public procurement are: prevention of discrimination based on nationality, free movement of goods; right and freedom of establishment of a business; the right to provide services. Spending of public money in Kosovo pursuant to the Law on Procurement is found on the following principles: economization and efficiency; equal treatment and non-discrimination; transparency; value for money. The average of open procedure application in EU countries is 73% based on notices, whereas in Kosovo is 82.80% based on notices. In the end of 2014, Kosovo commenced the development of electronic procurement platform. This project takes place within the Public Sector Modernization Project. The importance of the electronic procurement is stated in the statement of European Commission: “Modernization and opening of procurement markets across borders – including through the electronic procurement expansion – are crucial for the competition in Europe and creating new opportunities for businesses in EU”. A good procurement system in Kosovo will have an impact on elimination of negative phenomena (corruption and bad management) in the management of public expenditures from spending agencies, as well as an impact on increase of budget saving. Key words: public expenditures, value for money, bad management, procurement, electronic procurement.

scholarly journals EVALUASI KINERJA KEUANGAN PEMERINTAH DALAM “PROGRAM DUKUNGAN MANAJEMEN DAN TUGAS TEKNIS LAINNYA KEMENTERIAN AGAMA” DENGAN MENGGUNAKAN METODE VALUE FOR MONEY PADA KANTOR KEMENTERIAN AGAMA PROVINSI SULAWESI UTARA

2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Rismawaty Nainu ◽  
Jullie J. Sondakh ◽  
Novi S. Budiarso
Keyword(s):  
Financial Management ◽  
Local Governments ◽  
Good Governance ◽  
Management Support ◽  
Value For Money ◽  
North Sulawesi ◽  
Standard Value ◽  
Financial Management System ◽  
Public Money ◽  
Local Budget

Value for money in the context of regional autonomy is a bridge to deliver local governments to achieve good governance. To support the implementation of public funds management (public money), which based on the concept of value for money, it is necessary to have good regional financial management system and local budget. The purpose of this study is to know how the government's performance in management support programs and other technical task implementers if using the method of value for money. The method used in this research is qualitative descriptive method that quantitative. The results showed that the calculation of economic ratios showed less than 90% which means quite economical in the standard value for money. Thus the Office of the Ministry of Religious Affairs of North Sulawesi Province is economical in the expenditure of its spending budget. The efficiency ratio shows less than 100% result which means quite efficient in standard value for money. Thus the Office of the Ministry of Religious Affairs of North Sulawesi Province quite efficient in the expenditure of spending budget. The effectiveness ratio shows the result is above 100% (> 100%) so it shows the Ministry of Religious Affairs Office of North Sulawesi Province is very effective in expenditure budget utilization. Keywords: Financial Performance,  Value for Money Method

Legislation for Public Procurements and Disposal of Public Assets

2021 ◽  
pp. 149-171
Author(s):  
Simeon Wanyama
Keyword(s):  
Good Governance ◽  
Public Procurement ◽  
Qualitative Approach ◽  
Value For Money ◽  
Procurement Process ◽  
The Public ◽  
Governance Systems ◽  
Regulations And Guidelines

This chapter is about corrupt practices in the public procurement cycle. Taking the example of Uganda, it identifies what takes place at each of the stages of public procurement and examines the perspectives of stakeholders regarding alleged corruption, misappropriation, and fraudulent practices during the public procurement process. It also reviews the governance systems that have been put in place to try and stem out these malpractices and ensure proper governance in the administration of public procurement. The research followed a qualitative approach aimed at getting the views of stakeholders and understanding whether what is in place is adhering to the principles of public procurement which foster good governance and value for money. The findings of the study indicate that the perception of the majority of the respondents is that corruption is pervasive in public procurement in Uganda despite good laws, regulations, and guidelines that have been put in place and that it manifests itself at all the stages of public procurement.

scholarly journals Public Expenditures Through Public Procurement

2018 ◽  
Vol 2 (2) ◽  
pp. 39-48
Author(s):  
Azem Duraku
Keyword(s):  
Public Procurement ◽  
Equal Treatment ◽  
Public Expenditures ◽  
Freedom Of Establishment ◽  
The Public ◽  
Electronic Procurement ◽  
Treaty Of Rome ◽  
Public Money ◽  
The Right ◽  
Procurement System

Abstract Treaty of Rome of 1957 and following treaties on amending the Treaty of Rome contain a number of basic principles on which the EU is founded. Among these principles, the most important ones related to the public procurement are: prevention of discrimination based on nationality, free movement of goods; right and freedom of establishment of a business; the right to provide services. Spending of public money in Kosovo pursuant to the Law on Procurement is found on the following principles: economization and efficiency; equal treatment and non-discrimination; transparency; value for money. The average of open procedure application in EU countries is 73% based on notices, whereas in Kosovo is 82.80% based on notices. In the end of 2014, Kosovo commenced the development of electronic procurement platform. This project takes place within the Public Sector Modernization Project. The importance of the electronic procurement is stated in the statement of European Commission: “Modernization and opening of procurement markets across borders - including through the electronic procurement expansion - are crucial for the competition in Europe and creating new opportunities for businesses in EU”. A good procurement system in Kosovo will have an impact on elimination of negative phenomena (corruption and bad management) in the management of public expenditures from spending agencies, as well as an impact on increase of budget saving.

scholarly journals THE RELATIONS BETWEEN FISCAL AND MONETARY POLICY IN STATE BUDGET MANAGEMENT IN INDONESIA ACCORDING TO ABU UBAID AL QASIM BIN SALAM

2020 ◽  
Vol 11 (2) ◽  
Author(s):  
Syamsuri Syamsuri ◽  
Adinda Muftiviany Nur Jamilah
Keyword(s):  
Monetary Policy ◽  
Financial Management ◽  
The State ◽  
Primary Data ◽  
Budget Management ◽  
State Budget ◽  
Library Research ◽  
Historical Figure ◽  
The Right ◽  
Fiscal And Monetary Policy

The study aim to analyze fiscal and monetary policy in the management of indonesia's state budget according to Abu Ubaid Al-Qasim. This research takes the form of a historical figure, namely historical research on one of the lives of a person that includes ideas, thoughts, as well as influential things in the formation of his thoughts. Thus the method used in this study is the library (research Library) with the object of research is Abu Ubaid Al-Qasim about his thoughts on the economic development of Islam, which is analyzed from his work al-Amwal. To obtain data through In this research, the primary data collection is carried out by anlyzing journal, and some books which reevan to this research. The result of this study is that fiscal and monter policy that runs in Indoensia in managing the State Budget is considered not to be running effectively and has not been able to solve the problem of the State because the system used contains usury. Thus, the mechanism of conformity according to Islam from abuubaid's view brings the right solution that the instrument is like zakat, jizyah, khumus, kharaj into a very effective management instrument of state budget and finance because the proper allocation according to the needs of the State and does not contain usury. Research Limitations of this research is limited by examining how fiscal and monetary policy in managing finance and state budget according to Abu Ubaid Al-Qasim in his Book al-Amwal by looking at the phenomena of financial management centered in BaitulMaal during the time of Prophet Muhammad and his caliphs.

scholarly journals FEATURES OF THE APPLICATION OF FINANCIAL STRATEGY AT THE ENTERPRISE

2021 ◽  
Vol 26 (3(88)) ◽  
Author(s):  
Sadigov Rahim Farahim
Keyword(s):  
Financial Management ◽  
Good Governance ◽  
Financial Control ◽  
Financial Strategy ◽  
Macroeconomic Factors ◽  
Financial Activity ◽  
Industrial Enterprises ◽  
Governance Strategies ◽  
The Right ◽  
And Control

At present, the world economy is competitive. One of the main issues of increasing the competitiveness of industrial enterprises and sustainable development is the implementation of good governance strategies in the enterprise. One of the sub-issues of the management strategy is the financial strategy. To this end, we have chosen to conduct research to improve the company’s financial strategy. The purpose of the research is to conduct research in the field of improving the financial strategy, to provide scientific suggestions and recommendations in the field of improving the financial security of the enterprise. The methodology of the research is to conduct research in the field of formation of the right financial strategy to increase the competitiveness of the enterprise, the development of its economic and financial potential. Financial management is not just about shaping financial strategies. It is also a set of activities related to the planning, execution, financial control, accounting and reporting of the enterprise’s budget. Increasing the competitiveness of the enterprise leads to the strengthening of its market position, increasing its profitability and economic efficiency. The research was carried out in “EL Plastic” LLC. The research results can be used in the management of industrial enterprises. We have come to the conclusion from the research that these results reflect the main details of the formation and implementation of the financial strategy. The financial strategy applied in the enterprise is directly and indirectly exposed to the macroeconomic effects of the country. For this purpose, macroeconomic factors must be taken into account when determining the financial strategy of the enterprise. Having resources for the development of the enterprise, improving their use and expanding financial opportunities are the basis of the organization’s strategic activities. The financial strategy regulates the organization and implementation of this work, ensures the efficiency of management activities. Financial strategy requires planning of financial activity of the industrial enterprise, formation and implementation of mechanisms for attraction, use and control of financial resources. The financial strategy opens wide opportunities in the field of markets, sales and price management, expansion of the organization’s financial opportunities, achievement of high profitability.

scholarly journals DYNAMICS OF HAJJ FINANCIAL MANAGEMENT REGULATION IN EFFORTS TO GOOD GOVERNANCE

2021 ◽  
Vol 8 (2) ◽  
pp. 147
Author(s):  
Muhammad Aziz Zakiruddin
Keyword(s):  
Financial Management ◽  
Good Governance ◽  
Use Value ◽  
Legal Certainty ◽  
Government Regulations ◽  
Management Agency ◽  
Endowment Fund ◽  
Library Research ◽  
Laws And Regulations

 Hajj financial management, especially within the scope of the Ummah Endowment Fund, has a dark record that must be corrected. Not only limited to investment, but the discourse of Hajj funds for infrastructure is also one of the government’s efforts so that Hajj funds can provide use-value. Legal certainty, justice, equality, prohibition of acting arbitrarily, and creating welfare and social cohesiveness in society are the principles of good governance. In Indonesia, to establish an orderly organization of Hajj, laws and regulations, government regulations, presidential regulations, and regulations for the Hajj Financial Management Agency have been made. As for the formulation of the problem in this paper, how are the dynamics of the financial management of Indonesian Hajj?, and how are the efforts to manage the Hajj finances based on good governance?. This research is library research, using a normative juridical method with a statutory approach. Some of the findings in this study indicate that regulations in the financial management of Hajj provide a polemic of its own so that it loses its identity and principle. Dualism of authority, inefficient management, and the potential for fraud are demands to fix the messy financial management of Hajj, towards good governance-based Hajj financial management. 

Reforming public procurement and public financial management in Africa

2018 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Karem Sayed Aboelazm
Keyword(s):  
Cultural Values ◽  
Financial Management ◽  
Public Procurement ◽  
Secondary Data ◽  
Comparative Approach ◽  
Value For Money ◽  
African Countries ◽  
Content Type ◽  
Public Financial Management

Purpose Country comparative studies especially in Africa on public procurement reforms toward financial control and accountability of public expenditure are limited. Meanwhile, these kinds of studies have potential for providing useful insights on how value for money through public procurement is being ensured across Africa. This paper attempts to provide this. The purpose of this paper is to highlight several policy recommendations for public management aimed at improving public procurement and public financial management (PFM) systems in Africa. Design/methodology/approach The paper adopts a qualitative case study using secondary data drawn from Global Integrity Index (GII) of the Transparency International and the World Bank’s Country Policy and Institutional Assessments databases to investigate variables that influence public procurement practices in three purposively selected African countries. The comparative approach for presenting some of the experiences of countries in public procurement methods is used in this paper. Findings The findings suggest three main variables, namely, government structure and economic variables, complicated by socio-cultural values interact to influence public procurement and PFM systems in the case study countries. Research limitations/implications Data for the GII indicators used were only available from 2013, which restricted the discussion of those indicators to a short span (2013–2015). Social implications The socio-cultural milieu within which public procurement takes place has implications for how governance structures function to deliver value-for-money public procurement. Originality/value This study adds value by comparing three countries within Africa to reveal common variables which influence public procurement and PFM systems.

Kajian pelu dan tidaknya penambahan term Budi Pekerti dalam konten buku Pendidikan Agama Islam dan Budi Pekerti untuk siswa SMU

1969 ◽  
Vol 7 (2) ◽  
pp. 61
Author(s):  
Salim Ashar
Keyword(s):  
Religious Education ◽  
Secondary Data ◽  
Holistic Education ◽  
Islamic Education ◽  
Ethical Values ◽  
Library Research ◽  
Split Personality ◽  
Objective View ◽  
The Right ◽  
Scientific Value

Character is a complicated issue, even considered an abstract problem. It is said to be abstract because the concept of manners is not yet operational. While good and bad standards for morals are in the objective view of God the Creator of man. If the character is ethics, it is very dangerous, because some of its value will be contrary to the moral lessons that exist in religious subjects. When both are taught (ethics and morals) then the threat is the students will later experience what is called a split personality, that is split personality. Students become confused because there are conflicting values, such as good values ​​in the sense of morals and good value in manners (call: ethics). There is no honest terminology of Arabic versions, honest English versions, false witnesses of Arabic and French versions, as there is no terminology about Arab or Turkish morality. This applies to humans when there is a pattern of intersection between ethical values ​​and customs: ethical values ​​derive from the "right" way (revelation), whereas customs are derived from the habits The purpose of this study are: 1) Describing whether or not the addition manners in the lessons of Islamic Religious Education. 2) Describe the material (content) in the lesson of Islamic Education and the intersection of Budi Pekerti based on traditional perspectives. This study uses "Library Research". The research data used is secondary data. Data collection techniques used are documentation. Data processing is done by conducting the activity of review, verification and reduction, grouping and systematization, and interpretation or interpretation so that a phenomenon has social, academic, and scientific value. From the results of the discussion concluded: 1) Based on the perspective of Islam, the lessons of Islamic Religious Education need not be added with the character, because in fact holistic education includes in the Islamic Religious Education. 2) The content of Islamic Religious Education should include aspects of Islam, ie Aqidah, Shari'ah and Akhlak which are taught in a balanced way, but the lesson of character can be combined as long as the adat is the custom of the Muslims.

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