Jakarta – Tito Karnavian, Home Affairs Minister, supports the efforts of the Banyuwangi Regency government to create a regional offering fund (DAD). It was transferred to the Regent of Banyuwangi, Ipuk Fiestiandani, in the Widyacandra complex, Jakarta. “We really support Banyuwangi’s efforts to develop a regional turnout (DAD). It could be a buffer zone, Bumper, for regional development,” Tito said in a written statement on Wednesday (8/10/2025). The acting director -general of finance from the Ministry of Home Affairs, Horas Maurits Panjaitan, was present. Browse to continue with the content Tito also reminded us to involve a number of parties in the preparation of the father. Among them are law enforcement (APH). “For example, involve the prosecutor’s office to give a legitimate perspective so that the preparation of the father can comply with the regulations,” he explained. Furthermore, Tito also appreciated the innovative steps of Banyuwangi. It can be a breakthrough amid the current limited fiscal space. “Banyuwangi is a role model in my eyes, especially in the district, it is never more energy to innovate,” he praised. Meanwhile, the regent of IPUK has transferred plans to prepare the regional utilization fund which will later be earmarked for development. “We are holding special consultations with the minister on the implementation of endowment funds for development in Banyuwangi,” he said. According to the regional creation fund, it is explained that IPUK comes from the sale of Banyuwangi Regency government shares in the Tumpang Pitu Gold mine run by PT Bumi Success Indo (BSI). The proceeds from the sale of some of the shares will later be allocated to the Regional Endowment Fund. “The money from the sale is therefore not spent immediately. However, the additional value from the returns of the endowment fund will be used as a stimulus for regional development,” Ipuk concluded. (AKD/AKD)
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