Name: Heri Kurniadi Gea

Npm: 191010353
Class: B. Semester II
LEGAL POLICY OF GOVERNMENT INVESTMENT
REFORM IN INDONESIA
By: Agus Darmawan

Law Journal
Mahfud MD uses legal policy as an approach to understanding the Relationship between
law and politics, as well as defining legal policy as The direction of policy made by the state
in relation to the law that will be Enforced or will not been forced. To achieve the goals of the
country. In The concept of state law, the state carries out its activitie swith a corridor Of
various legal instruments. Infact, in the concept of the welf are state, The role of the state
becomes dominant in every aspect of people's lives For the realization of social welfare.
Legal policy is the concept and prin-ciples that become an outline and basic plan of
implementing the state in the formation and implementation of legislation which is based on
the values developed in the community to achieve the purpose of the state in accordance with
Pancasila and the 1945 Constitution, which was also reflected in effort to reform the
management of government investment. Management of government investment by the
Government Investment Center as a Government Unit that implement Financial Management
General Services Agency is not optimal, so that the legal reform of government investment
through the creation of sui generis and setting back the authority operators, regulators and
supervisors are expected to realize the goal of investment management government as
stipulated in Article 41 of Law Number 1 Year 2004 concerning State Treasury in order
welfare of all the people of Indonesia.
In principle of Santiago delivered by IMF, stated that the definition of SWF is a state-
owned investment fund, created and designed by the state to support a country's
macroeconomic policy. DFI17 is a development finance institution established by the state to
promote strategic economic sectors that being a goal of socio-economic development of a
country.

In conclusion, government investment is expected to bring prosperity to

All Indonesian where in accordance with legal policies are the concepts
And principles that outline and plan the basis of state implementationin
Establishing thebasis of laws in accordance with Pancasila and the
state.
Terms Of Law
 Law Number 17 of 2013 concerning State Finance originates from the theory of the
welfare state which was explicitly adopted in the 1945
Constitution, in 1864 at the time of the Wet Wet(ICW),
 Transitional Provisions ArticleI Iof the 1945 Constitution
 Treasury Law through Law No. 6 of 1968
 Law Number 1 of 2004 concerning State Treasury
 Law Number 15 of 2004 concerning Financial Management and State
Responsibility(laterknownas"LegalPackageonStateFinance"), in
Article 1 point 1 of Government Regulation Number 1of 2008
Concerning Government Investment,
 Article 41 of Law Number 1 Year 2004 concerning State Treasury,
 Government Regulation Number 8 of 2007 concerning Government
Investment which was later changed to Government Regulation
Number 1 of 2008 concerning Government Investmen.