Open AccessFinancial performance and impacts of village fund on post disaster rural economic development in Pidie Jaya-Indonesia
Author(s) -
Rizki Muhammad Iqbal,
Agus Nugroho,
Fajri Fajri,
H I Martiastuti,
L ita,
Keumala Fadhiela
Publication year - 2021
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/708/1/012070
Subject(s) - decentralization , statistic , business , finance , descriptive statistics , economic growth , economics , statistics , mathematics , market economy
Village Fund is a tremendous budget decentralization scheme in Indonesia. The program has been showing its impacts, particularly in public infrastructure revitalization in rural areas since 2015. This study aims to examine the performance of Village Funds and their impacts on post-disaster economic re-developments. The descriptive statistic analysis was applied to secondary data derived from the 2015-2019 financial reports of 19 villages in Pidie Jaya (Aceh-Indonesia). This study shows that performance in terms of economic output is very poor. The Village Fund failed to generate the Original Village Income through the establishment of the Village Owned Enterprises (BUMDes).