MANAGEMENT, IMPLEMENTATION AND EFFECT OF VILLAGE FUND ALLOCATION ON REGIONAL DEVELOPMENT DURING COVID-19 PANDEMIC
Vivi Demetria Olla (a*), Sigit Mareta(b

a, b) Accounting Program, Universitas Dian Nusantara, Jakarta Indonesia
Jl. Tj. Duren Bar. 2 No.1, RT.1/RW.5, Tj. Duren Utara, Kec. Grogol petamburan, Kota Jakarta Barat, Daerah Khusus Ibukota Jakarta 11470
*12119060[at]mahasiswa.undira.ac.id

Abstract

The allocation of Village Funds requires planning, monitoring, implementation, and accountability for its use. The implementation of village development must be in accordance with what has been planned in the planning process and the community.
The Covid-19 pandemic that has hit the world has changed the order of various aspects of life, including Indonesia. Starting from the health, social and economic sectors that were most significantly affected. The economic sector is experiencing a recession both at the global and national levels. Timor Island as one of the islands in Indonesia experienced this. In encouraging the rate of national economic growth, this problem cannot be separated. This study aims to determine how the impact of the Covid-19 pandemic on economic growth in Timor Island, especially Fatuneno Village. Economic growth in Timor Island became the center of attention which had experienced a contraction to accelerate economic recovery in Indonesia.
Utilization of Village Fund Allocation as community empowerment is the main source in developing and advancing village communities, from what is mandated by the central and regional governments that prioritize regional autonomy. The Village Fund allocation is fully utilized for community empowerment and welfare, marked by the development of agricultural land and several infrastructures with the aim of making it easier for the community to empower themselves and the environment. Small form so that the village is able to empower the commmhhjhuuh7k unity and village institutions to overcome poverty and reduce inequality, improve development planning and budgeting in the village and improve village infrastructure development, in order to create a prosperous village.

Keywords: Management, Village Fund Allocation, Village Welfare, Village Development, Covid 19 Pandemic

Topic: Business, Corporate Governance, and Accounting