ACEH'S ECONOMIC TRANSFORMATION: SINCE RECEIPT OF THE ACEH SPECIAL AUTONOMY FUND, NOW AND IN THE FUTURE

Authors

  • A Hadi Arifin Economics and Business Faculty, Universitas Malikussaleh, Indonesia
  • Faisal Matriadi Economics and Business Faculty, Universitas Malikussaleh, Indonesia
  • Darmawati Muchtar Economics and Business Faculty, Universitas Malikussaleh, Indonesia

DOI:

https://doi.org/10.29103/icofeb.v1i-.360

Keywords:

people's economy, sharia economy, international trade, sharia finance, center for people economic growth

Abstract

The Aceh economy is thought to have experienced a continuous transformation gap from year to year after receiving Aceh Special Autonomy Funds from the central government which has been increasing, starting from 3.59 T in 2008 to 8.36 T in 2019, for 12 years, with average expenditure -amount of 6.11 T per year, which must be prioritized in the areas of infrastructure, people's economic empowerment, poverty alleviation, education, social affairs, health and the unique features of Aceh. This research study uses a descriptive literature study method. Data collection was analyzed from literature such as books, journals, and articles related to the Aceh economy. The study and analysis results illustrate that the use of the Aceh Special Autonomy Fund still needs to meet its priority designation, meaning that the transformation of priority areas still needs to be revised and has been achieved thoroughly. Then, there are economic development activities and programs that have yet to meet the needs of life and moderately and dignifiedly increase the income and benefit of the people of Aceh. Recommend maintaining the privileges of Islamic Sharia by continuing Wali Nanggroe's authority as a unifier of Acehnese customs, determining sustainable policies to establish the Aceh Special Autonomy Fund Supervisory Board, reforming the Aceh economy to become the main gateway for international trade in the western region, building a sharia economy and sharia financial institutions, and developing a center for people's economic growth.

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Published

2023-12-30