New law reshapes financial ties between central and regional governments.
The article discusses how the Central Government and Regional Government manage their financial relations under regional autonomy laws. The researchers used a normative research method, analyzing existing laws and regulations. They found that regional governments need money to operate, and a source of income is crucial. The Financial Relationship between the Central Government and Regional Government is governed by Law Number 1 of 2022, which replaced previous laws on financial balance between the two levels of government.