Public Participation in Public Debt Management

Abstract

This article aims to present the public participation in the management of public debt. It is well known that the main income of the government comes from taxation. To bring as an expense in various government affairs but in addition to the tax collection and business operation by the government. There is another method, which is the government's source of income, that is, borrowing money from both within the country and from abroad to use the money to mobilize various projects of the government as well. This money borrowing, we call it government debt which looks like spending first and then collecting taxes as its debt later. At present, people are not able to involve in budget management processes that are appropriate for budget allocation, thus causing the non-transparency, no checkability, the uselessness of various government projects which may not provide any benefits and values as expected.