Indonesian Agency for International Development (Indonesian AID)
The Indonesian Agency for International Development (Indonesian AID) is a prominent unit within the Ministry of Finance of Indonesia, functioning as a Public Service Agency (BLU). It’s tasked with governing international cooperation endowment funds, dispensed as aids to various overseas governments and institutions.
In terms of function, the Indonesian AID is entrusted to handle a comprehensive array of responsibilities. Fundamentally, it manages government investment funds delegated for fostering international development cooperation. Its remit spans the organisation’s finances, human resources, performance, risk, internal compliance, communication, data, and information infrastructure. Additionally, it coordinates facilities necessary for drafting pertinent regulations and agreements while also piloting Indonesian AID’s institutional relations.
The agency also maintains investments, designs and appropriates grants, prepares content for formal cooperation agreements, and oversees grant-related procurement. Other duties entail managing transactions and methodically scrutinising the effectiveness of the grants bestowed. The Minister of Finance occasionally assigns additional tasks to this malleable agency that continues to contribute to the global development landscape.