Law 17/2003 on State Finances and Law 15/2006 on State Audit Board (BPK)

Indonesia has one of the most mature public finance legal frameworks in Southeast Asia, anchored by Law 17/2003 on State Finances (UU No. 17/2003), Law 1/2004 on State Treasury, and Law 15/2004 on State Finance Accountability — the '2003 trilogy' — and the constitutional reform that established BPK independence (UUD 1945 Arts. 23E-23G). The Badan Pemeriksa Keuangan (BPK) is unique in this cluster: its 9 members are selected by the DPR (House of Representatives) with DPD (Senate) input per UUD 1945 Art. 23F — a full legislative election, not merely executive appointment. Law 15/2006 mandates three audit types: financial (pemeriksaan keuangan), performance (pemeriksaan kinerja), and special investigations. OBS 2023 Audit Report score of 90/100 is the highest in the batch-12 cluster. Law 14/2008 KIP (Keterbukaan Informasi Publik) is the strongest FOI framework in the cluster — all public information open by default, with 14-day response deadline and independent Information Commission enforcement. KIP Art. 9(2)(f) explicitly requires proactive disclosure of compensation and remuneration. Law 17/2003 Art. 30-31 imposes an explicit 6-month (180-day) year-end report deadline. OECD accession candidacy (invited May 2023). Six PEFA assessments. OBS 2023 T=70. Key gaps: no IFI, no pension/contingent liability disclosure framework. FY: January 1 - December 31. Currency: IDR.

Transparency Requirements