Guest Lecture: Education Finance Policy in Indonesia

Education finance policy refers to the strategies and mechanisms governments employ to allocate funds for educational sector purposes. It encompasses budget allocation, funding sources, distribution mechanisms, and expenditure priorities. Policies may vary widely between developed and developing countries, depending on factors such as economic resources, political priorities, and educational goals. Key considerations in education finance policy include equity, efficiency, and effectiveness. Equity aims to ensure that all students have access to adequate resources regardless of their socioeconomic background or geographic location. Efficiency focuses on optimizing resource allocation to achieve the best outcomes with the available funds. Effectiveness entails measuring the impact of spending on educational outcomes and adjusting policies accordingly. Education finance policy plays a crucial role in shaping the quality, accessibility, and inclusivity of education systems, ultimately influencing societal development and individual opportunities. In this occasion Dr Abdul Malik will share about Indonesian context and experience regard to education finance.