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Improvement strategy for regional financial performance affecting macroeconomics in regency/city in Jambi province

Author

Listed:
  • Faradilla Herlin

    (Faculty of Economics and Business, Universitas Jambi)

  • M. Rachmad R.

    (Faculty of Economics and Business, Universitas Jambi)

  • Zamzami Zamzami

    (Faculty of Economics and Business, Universitas Jambi)

  • Muhammad Safri

    (Faculty of Economics and Business, Universitas Jambi)

  • Syahmardi Yacob

    (Faculty of Economics and Business, Universitas Jambi)

Abstract

This research aims to determine the strategy for improving regional financial performance that impacts the macro-economy of regencies/cities in Jambi province. To analyze the research objectives was used a SWOT analysis mode. A secondary data analysis research method is used to obtain the data and information needed by the analytical model, which was equipped with an observation method. The results of this study conclude that the strategy for improving regional financial performance must be based on increasing regional revenue and regional expenditures through increasing regional economic growth, especially in the sub-sector and non-oil and gas sectors. The results of the study suggest increasing regional revenue and spending related to regional economic activities, increasing the acquisition of transfer funds from the central government (APBN), and increasing regional labor productivity so that it impacts the regional economy. Key Words:Strategy, Regional Finance, Macroeconomic

Suggested Citation

  • Faradilla Herlin & M. Rachmad R. & Zamzami Zamzami & Muhammad Safri & Syahmardi Yacob, 2022. "Improvement strategy for regional financial performance affecting macroeconomics in regency/city in Jambi province," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(8), pages 401-408, November.
    • Handle: RePEc:rbs:ijbrss:v:11:y:2022:i:8:p:401-408
    DOI: 10.20525/ijrbs.v11i8.2169
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    References listed on IDEAS

    as
    1. Guangrong Ma & Jie Mao, 2018. "Fiscal Decentralisation and Local Economic Growth: Evidence from a Fiscal Reform in China," Fiscal Studies, John Wiley & Sons, vol. 39(1), pages 159-187, March.
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