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Regulation Of The Minister Of Finance Number 188/fmd. 08/2011 2011

Original Language Title: Peraturan Menteri Keuangan Nomor 188/PMK.08/2011 Tahun 2011

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STATE NEWS
REPUBLIC OF INDONESIA

No. 745, 2011

REGULATIONS OF THE REPUBLIC OF INDONESIA FINANCIAL MINISTER
NUMBER 188 /PMK.08/2011
ABOUT
SETS THE USE OF THE BUDGET BALANCE MORE
IN ORDER FOR THE STABILIZATION OF THE DOMESTIC COUNTRY MAIL MARKET

WITH THE GRACE OF ALMIGHTY GOD



FINANCE MINISTER OF THE REPUBLIC OF INDONESIA,

Weigh: a. that in order to anticipate a reversal (reversal) of foreign funds from the domestic State of the Mail market significantly harm the financing of the State Revenue Budget and the State Shopping and the stability of the domestic financial market, need to be compiled provisions regarding the use of Saldo Budget More to conduct the domestic country ' s Valuable Mail market stabilization;
B. that under the Act regarding the APBN, the Saldo Budget Can be used for the stabilization of the domestic Country-priced Mail market whose provisions are governed by the Regulation of the Minister of Finance;
c. that under consideration as referred to in the letter a and the letter b, need to establish the Finance Minister's Regulation on the Order of the Use of the Budget Balance more in order to stabilise the Domestic Letter of the Domestic Letter Market;

Remembering: 1. Act Number 24 of 2002 on the Letter of State Debt (State Of The Republic Of Indonesia 2002 Number 110, Additional Gazette Republic of Indonesia Number 4236);
2. Act Number 17 Year 2003 on State Finance (Sheet State Republic Of Indonesia In 2003 Number 47, Additional Sheet Of State Republic Of Indonesia Number 4286);
3. Act No. 1 Year 2004 on the State Treasury (State Sheet Indonesia 2004 Number 5, Additional Gazette Republic of Indonesia Number 4355);
4. Act No. 19 of 2008 on the Prized Letter Of The State Sharia (sheet Of State Of The Republic Of Indonesia 2008 Number 70, Additional Sheet Of State Of Indonesia Number 4852);
5. Law No. 10 Year 2010 on Budget and State Shopping of the Year of Budget 2011 (State Sheet of Indonesia Year 2010 Number 126, Additional Gazette Republic of Indonesia Number 5167) as amended by 2011 Act 2011 Number 11 (State Of The Republic Of Indonesia In 2011 Number 81, Additional Gazette Republic Of Indonesia Number 5233);
6. Presidential Decree No. 56/P of 2010;

DECIDED:

Establish: FINANCIAL MINISTER 'S REGULATION ON THE GOVERNANCE OF THE IMPOSITION OF THE BUDGET BALANCE MORE IN ORDER TO STABILISE THE DOMESTIC COUNTRY' S VALUABLE MAIL MARKET.

BAB I

UMUM

The Kesatu section
Definition

Section 1
In Regulation of this Minister, referred to by:
1. The subsequent State Shopping and Shopping Budget (APBN) is the annual financial plan of the state government approved by the People's Representative Council.
2. Saldo Budget further abbreviated SAL is the accumulation of the remaining more financing years of the budget years ago and the year the budget is concerned after it is closed, added/reduced by a bookkeeping correction.
3. The next State-priced letter abbreviated as SBN is a valuable letter published by the Government that includes state debt letters and valuable letter of state sharia.
4. SBN ' s purchase in the Secondary Market is SBN repurchase in the secondary market by the Government before it falls tempo in cash.
5. The next IBM Business Plan for Business and/or IBM Business as a Service is a unit of service ("IBM"). General of State.
6. The following list of Budgeting Implementation is a document composed by the Director General of the Debt Management as a budget user/power of the budget user and authorized by the Director General Treasury or Head of the Regional Office of the Directorate General of the Treasury on behalf of the Minister of Finance as the General Treasurer of State.
7. Confirmation of the revised Governing Body's order List of Staffing The next Revision Budget is a letter of passage over changes in DIPA due to revision of the budget details on the page of the Concern Letter, page I, page II, page III, and/or the IV DIPA page, including the result of improvements due to administration errors.
8. Setelmen is the completion of the SBN transaction consisting of the funds and setelmen of SBN ownership.
9. The next Office of the State Treasury (KPPN) is the vertical instance of the Directorate General of the Treasury which is located below and is directly responsible to the Chief Office of the Directorate General of the Treasury, It is the power of the General Treasurer of the State.

The Second Part
SAL Usage Basic Principles

Section 2
(1) The use of SAL as referred to in this Ministerial Regulation is for the SBN Purchase in the Secondary Market in order to stabilise the domestic SBN market.
(2) The use of SAL as referred to in paragraph (1) is exercised with the provision:
a. Domestic SBN market conditions are set to a crisis level based on the SBN market crisis management protocol by the Director General of the Debt Management on behalf of the Finance Minister; and
B. Received approval from the Board of Representatives of the People's Representative Council.

BAB II
APPROVAL

Section 3
(1) In order to stabilise the domestic SBN market, the Director General of Debt Management delivered the proposed use of SAL to the Finance Minister based on the coordination results with the related units, by considering:
a. Crisis conditions are expected to be sustained; and
B. The funds sourced from the DIPA to the purchase of SBN are estimated to be insufficient for the domestic SBN market stabilization requirement.
(2) The Proposed Use of the SAL as referred to in paragraph (1) which the Finance Minister has approved is delivered to the Board of Representatives of the People's Representative Council for the request of consent.
(3) The Proposed Use of SAL to the Board of Representatives of the People's Representative Council as referred to in paragraph (2) the least includes:
a. Domestic SBN market conditions; and
B. The maximum amount of SAL can be used for the SBN Purchase in the Secondary Market in order to stabilise the domestic SBN market after taking into account the budget needs up to the end of the budget year and the beginning of the next year.

BAB III
THE EXECUTION

Section 4
(1) Based on the approval of the People ' s Representative Council on the proposal of the use of SAL as referred to in Article 3 of the paragraph (2):
a. The General Directorate of Debt Management carries out the SBN Purchase in the Secondary Market according to the applicable procedures and conditions; and
B. The Directorate General of the Treasury did the transfer of the SAL fund from the Cash Account of the Budget balance over to the State Public Cash Account.
(2) The SBN purchased as referred to in paragraph (1) the letter of a is declared lunas and does not apply anymore.

Section 5
(1) Based on the approval of the Board of Representatives of the People's Representative Council as referred to in Article 3 of the paragraph (2), the Directorate General of the Debt Management delivered:
a. Proposed revision of SP-RKABUN revision to the Directorate General of the Budget; and
B. Proposal of passage of the DIPA Revision to the Directorate General of the Treasury.
(2) The revision documents of SP-RKABUN as referred to in paragraph (1) the letter a set by the Director General of the Budget.
(3) The SP-DIPA Document Revision as referred to in paragraph (1) letter b is authorized by the Director General of the Treasury.
(4) The SP-DIPA Document Revision as referred to in paragraph (3) is delivered to the Directorate General of Debt Management and KPPN.

Section 6
(1) The implementation of a refund by KPPN in the Order of the Setelment of the SBN Purchase in the Secondary Market as referred to in Article 4 of the paragraph (1) the letter is performed in accordance with the Finance Minister's Regulation on the manner of the Revenue Budget fluid. and State Shopping on the Burden of the State 's General Treasurer' s Budget Office on the State Treasury Service Office.
(2) KPPN may perform the funds refunds as referred to in paragraph (1) that exceeded the DIPA pagu before the revised DIPA was passed.

Section 7
The provisions regarding the technical implementation of the Setelmen over the SBN purchase at the Secondary Market follow the provisions of the Bank of Indonesia.

BAB IV
REPORTING AND ACCOUNTABILITY

Section 8
The Director-General of Debt Management delivered the SAL usage implementation report for the SBN Purchase in the Secondary Market to the Minister of Finance as part of the SBN purchase results report in the SBN market stabilization framework.

Section 9
The Director-General of the Debt Management reported and accounted for the implementation of SBN purchases in order to stabilise the domestic SBN market by using SAL funds in the Central Government Financial Report in accordance with regulatory provisions. The laws.

BAB VI
CLOSING PROVISIONS

Section 10
This Minister's regulation applies to the extent that the use of SAL for domestic SBN market stabilization is still set in the APBN and/or APBN Changes.

Section 11
The Minister ' s rules are beginning to apply to the date of the undrased.

In order for everyone to know it, order the invitational of the Minister's Regulation with its placement in the News of the Republic of Indonesia.

Set in Jakarta
on 23 november 2011
FINANCE MINISTER
REPUBLIC OF INDONESIA,

AGUS D.W. MARTOWARDOJO
Promulgated in Jakarta
on 23 november 2011
MINISTER OF LAW AND HUMAN RIGHTS
REPUBLIC OF INDONESIA,

AMIR SYAMSUDDIN