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  • Development Trust Funds In Indonesia Key Features And The Recent Development

      oleh: Hendra Wahanu Pabandani, SH, MH, LL.M
    Development trust funds have only recently been permitted in Indonesia based on Presidential Regulation No. 80/2011 regarding Trust Fund. Under Indonesian law, a development trust fund is a grant provided by one or several donors which is managed by a trustee institution to be used for the development purposes. The management of the development trust fund shall be managed by a trustee institution. The trustee institution is an ad-hoc government entity established by a ministerial regulation that governed by the Board of Trustee.
    Hendra W. Prabandani
    International Law and Practice Section of North Carolina Bar Association Newsletter Vol. 25 No. 2, Dec 2015