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Debt cancellation for Somalia Item proposed by the Federal Republic of Somalia
In: https://archives.au.int/handle/123456789/6495
Executive Council Thirty-Fourth Ordinary Session 7 – 8 February 2019 Addis Ababa, Ethiopia ; As a result of protracted armed conflict, Somalia remains as one of Sub-Saharan Africa's most underdeveloped county. Following the collapse of the central government in 1991, the country has been plagued with violent conflict and insurgency, extreme and widespread poverty, acute food shortage, and political instability, economic underdevelopment, and recurring natural disasters such as droughts and floods. Somalis to date lack: essential healthcare, education, food security, safe drinking water, hygiene and adequate sanitation, and have very limited employment and livelihood opportunities. The Federal Government of Somalia (FGS) and sub national tiers of government have meagre resources to meet the country's pressing needs.
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Public Debt As a Cource Of Financing For Government Expenditures in The Perspective of Islamic Scholars
Purpose of the study: This study aims to examine foreign debt as a source of financing for economic development. This research is expected to provide (1) an overview of debt as a source of funding for state projects, (2) investigate its impacts and (3) offer additional knowledge of its Islamic perspective. Methodology: This research is a qualitative study using the study literature approach. This research is conducted by analysing books, literature, journals, and magazines with themes related to the focus of the discussion on this study. It is expected that the method used can provide insight, general knowledge, and develop the view of Islam in relation to foreign debt. Main Findings: The government has to ensure that the state has the ability to pay off its obligations in the future; guarantee that loans have to be free from interest; prioritize taking loans from internal sources rather than external sources. In Addition, debts are not intended for deferred needs and not taking loans that exceed their needs. Applications of this study: basically the results of this study can be applied to any country that considers the use of public debt, like other Islamic systems. Novelty/Originality of this study:This research is conceptual research in an Islamic perspective. This study successfully examined comprehensively related to the public debt with the Islamic approach.
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World Affairs Online
PERSPEKTIF EKONOMI ISLAM TERHADAP UTANG LUAR NEGERI PEMERINTAH DALAM PEMBANGUNAN EKONOMI INDONESIA
The problem of this research is how Islam regards the economy Foreign Debt Government of Indonesia and the solution according to Islamic economic perspective. This research was library research. Analysis of data using content analysis. The results of the study revealed that foreign debts are increasing in number every year. The government's foreign debt is a source of development financing is commonly done by developing countries. Indonesian government's foreign debt has been to contain the system of interest, known as riba nasi'ah, riba nasi'ah are in addition to the debt repayment required by donor countries. Thus, in their views of Islam, the government's foreign debt is currently not in accordance with the Qur'an and Hadith. Posts offer a solution formulation of the government's foreign debt in other forms of cooperation permitted under Sharia, such as Mudharabah, Musyarakah, Murabahah, Ijarah and others, can be developed as a form of external financing in the state budgets.
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Maqasid Al Shariah Analysis of budget Deficit Policy in Indonesian Economy
Budgeting for a state or a country seems to be the most important part to handle administration and government policy in term of socio economic reason. In practice, a lot of government tends to subscribe a balance budget whereby it is striving to balance between revenues and expenditures accurately. Unfortunately, this balancing post uses a debt and foreign aid charged by interest to cover any shortage in revenues. In the real context, the budget deficit management based on debt is still controversial and considered inappropriate with developing country conditions which their economies are unstable and fluctuated. Unfortunately, many countries in the world including Muslim-populated countries subscribe budget deficit system whereby the sources of its fund are backed up by debt. The focus of this paper is to analyze two main sensitive issues of the Indonesian economy in the light of Maqasid Al Shariah. This study employs a method of literature review and combined with data analysis. Actually, Islam has a very rich literature legacy in administrating public sector economy and it becomes important theory and framework as a stance or point of view to analyze the prevailing system. The high interest rate payment is the main issue of public sector expenditure. Indonesian government seems no choices to resolve its public sector economy and relies too much on debt management. For social welfare expenditure there has been a misallocation in emphasizing budget expenditure whereby oil and petroleum subsidy consume almost majority of the total welfare expenditure in Indonesian public sector economy
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Analysis of Factors in Forming Fiscal Stress Index Case Study: The Indonesian Government Budget
This study aims to choose a fiscal stress index that is most suitable to assess state budget condition in Indonesia. The analysis factor is used to assess several factors that can cause stress on the state budget. SPSS is used for the purposes of the analysis. There are eleven indicators of two factors that lead to fiscal stress. The assessment revealed that there is only one fiscal stress index which is suitable to assess state budget condition in Indonesia. Factors can lead to fiscal stress in Indonesia are state expenditure, debt factors, education spending, general allocation funds, profit sharing funds, special autonomy funds, health spending, debt interest payments, state obligation, and the number of population.
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Siyasat wa-idarat ad-dain al-'amm fi 'l-buldan al-'arabiya: Min 28 ila 31 mars 1998, Abu Zabi
In: Silsilat buhut wa-munaqasat halaqat al-'amal, 4
World Affairs Online
Iraq Economic Monitor, Fall 2018 : Toward Reconstruction, Economic Recovery and Fostering Social Cohesion
Iraq's overall security situation has notably improved after the defeat of ISIS, but significant challenges lie ahead. Iraq has witnessed major political and security transitions in 2017 when Prime Minister Al-Abadi announced in December the victory over ISIS after a war that lasted three years. The defeat of ISIS in Iraq left the government with the daunting tasks of rebuilding the country's infrastructure, reconstruction of liberated areas, establishing security and stability,and providing services for the return of the displaced persons. On May 12, 2018 Iraq voted in parliamentary elections that delivered a win for a political bloc led by Moqtada al-Sadr, while PM Al-Abadi's bloc, once seen as front runner, came in third. The ballots have been recounted after allegations of fraud and completed on August 8th without major change. On September 15th, Iraq's parliament elected lawmaker Mohammed al-Halbousi as speaker, marking a major step towards establishing a new government. On October 2nd, Iraq's parliament elected as president Barham Salih,who immediately named Adel Abdul Mahdi Prime Minister-designate, ending months of deadlock afterthe national election in May.
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Kebijakan Sanksi Administrasi BPHTB Untuk Pemberian Hak Baru Atas Tanah di Provinsi DKI Jakarta Dalam Perspektif Collaborative Governance
The large number of land in DKI Jakarta province that have not yet beenregistered is a significant potential tax in increasing BPHTB tax revenue. But in its implementation, the imposition of BPHTB tax for granting new rights to this land is still experiencing obstacles. The constraints experienced are the imposition of BPHTB administrative sanctions based on the time of debt due to the signing of the BPN Decree (SK). In this case, Jakarta's citizenas tax payers felt disadvantaged because they were subjected to administrative sanctions due to the delay in receiving the BPN Decree. Based on the results of the analysis through data collection in the field, literature study as reference material and in-depth interviews with related parties, author concluded that BPRD DKI Jakarta, DKI Jakarta Regional Office of BPN and PPAT DKI Jakarta have been cooperating well in the imposition process of BPHTB tax. But in reality, there are still problems in the case of the imposition of BPHTB administrative sanctions for granting new rights to land due to delays in receipt of SK BPN by taxpayers. To minimize this, a more comprehensive collaboration is needed between agencies, namely BPRD DKI Jakarta, Regional Office of BPN DKI Jakarta and PPAT in DKI Jakarta by conducting Collaborative Governance. With Collaborative Governance, it is expected that services to taxpayers will be better and BPHTB tax revenues in DKI Jakarta will increase.
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ANALISIS URGENSI PENYATUAN UNIT PENGELOLAAN PEMBIAYAAN DAN UNIT PENGELOLAAN KAS
As a country that is being actively carrying out development, Indonesia needs huge funds to fund it. The Government has conducted a wide range of strategic actions and efforts with a variety of policy instruments, one of which is the policy that is contained in the budget revenue and expenditure of the State (State Budget).State Budget as an instrument of Government policy as a form contains two major elements, namely income and spending. Over the years, the Government has embraced the familiar deficit in the budget, so that the financing needed to close the deficit. Management of revenue and expenditures needs the right policy because it involves a huge amount of cash. DJPBN has the task so that the existing cash or cash that is needed can be managed with proper, whereas DJPPR have a duty to let the deficit contained in the budget does not become a big problem.Based on the analysis of brief, DJPBN have difficulty in estimating the amount of cash that is right, the difficulty in determining when there is enough cash when paying bills on time, and investment cash towards the unemployed. Such difficulties should be aided by the existence of financing (debt) which its implementation be DJPPR task. But in fact the difficulties could not be overcome, because most of the policies that break, and or less coordination between the 2 units of Echelon I at the Ministry of Finance.
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Lebanon Economic Monitor, Fall 2015 : The Great Capture
The Lebanon Economic Monitor provides an update on key economic developments and policies over the past six months. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context, and assesses the implications of these developments and other changes in policy on the outlook for Lebanon. Its coverage ranges from the macro-economy to financial markets to indicators of human welfare and development. It is intended for a wide audience, including policy makers, business leaders, financial market participants, and the community of analysts and professionals engaged in Lebanon.
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Lebanon Economic Monitor, Spring 2015 : The Economy of New Drivers and Old Drags
The Lebanon Economic Monitor provides an update on key economic developments and policies over the past six months. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context, and assesses the implications of these developments and other changes in policy on the outlook for Lebanon. Lebanon continues to be impacted by the domestic political stalemate and regional turmoil, particularly along its border with Syria. Economic activity picked up in the second half of 2014. Stronger economic performance and lower oil prices pushed real GDP growth to an estimated 2.0 percent in 2014, compared to 0.9 percent in 2013. One-off cosmetic and unsustainable measures rather than policy actions helped improve the fiscal balance in 2014. We estimate the overall fiscal deficit to have declined by 2.3 percentage points. Declining imports lead an improvement in the current account balance. In 2014, a fall in merchandize imports induced a 4.4 pp reduction in the current account deficit to a still-elevated 22.2 percent of GDP. This trend is projected to continue in 2015 helped by falling oil prices and a depreciating euro, Headline inflation plummeted from 2.7 percent in 2013 to 1.9 percent in 2014 and is expected to remain tempered over the medium term. Lebanon s economy continues to be exposed to external shocks. The border with Syria is increasingly menacing as coordinated attacks by ISIS and Al Nusra are being launched more frequently from their bases in Syria. Inefficiencies in power generation impose sizable macroeconomic costs on Lebanon. The Lebanese electricity sector has been underperforming for decades with considerable socio-economic costs. The macroeconomic impact has been massive.
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Legal documents from the Judean desert: the impact of the Sharīʻa on Bedouin customary law
In: Brill eBook titles 2011
Preliminary Material /A. Layish -- Introduction One Tribal Arbitrators' Documents As A Source Of Legal History /A. Layish -- Introduction Two The Sedentary Bedouin Of The Judean Desert /A. Layish -- Introduction Three Tribal Judiciary And Customary Law /A. Layish -- Document One Submission, Tribal Award And Registration With Notary Public (1978) /A. Layish -- Document Two Murder with No Witnesses and Exculpatory Oath at al-Aqṣā Mosque (1954) /A. Layish -- Document Three Blood-Money Pact Reducing Tribal Liability (1966) /A. Layish -- Document Four Dissociation From Blood Group's Liability On Individual's Initiative (1963) /A. Layish -- Document Five Unintentional Vehicular Homicide And Reconciliation In The Presence Of A Qāḍī And A Muftī (1955) /A. Layish -- Document Six Unintentional Homicide Entailing Diya Muḥammadiyya (1975) /A. Layish -- Document Seven Diya Muḥammadiyya In The Presence Of A Sharʿī Qāḍī (1957) /A. Layish -- Document Eight An Eye For An Eye Or Monetary Compensation (1956) /A. Layish -- Document Nine Amputation Of The Hand Or Compensation Of One-Third Of A Diya Of A Person (1973) /A. Layish -- Document Ten Abduction, Marriage And Closure Of Criminal File (N.D.) /A. Layish -- Document Eleven Offense Against A Woman's Chastity Ṣā'iḥat Al-Ḍuḥā (1956) /A. Layish -- Document Twelve Cutting Down Trees, Damage To A Well, Etc. (1976) /A. Layish -- Document Thirteen Tribal Agreement On Regulations Relating To Corn Theft (1949) /A. Layish -- Document Fourteen Mukhtārs' Petition Concerning Shar'ī Marriage (N.D.) /A. Layish -- Document Fifteen Shar'ī Confirmation Of A Customary Marriage (1956) /A. Layish -- Document Sixteen Shar'ī Marriage Contract (1958) /A. Layish -- Document Seventeen Resort To Tribal Qāḍī Following The Harī'a Court's Failure To Solve A Dispute (1963) /A. Layish -- Document Eighteen Prompt Mahr Given To A Bride's Mother In Trust (1934) /A. Layish -- Document Nineteen Acknowledgment Of Mahr As Debt (1934) /A. Layish -- Document Twenty Agreement Between Brothers On Mobilizing Mahr Out Of The Estate (1957) /A. Layish -- Document Twenty-One Tribal Agreement On Mahr (1940) /A. Layish -- Document Twenty-Two Shar'ī Judgment Granting Maintenance (1964) /A. Layish -- Document Twenty-Three Bayt Shar'ī, Obedience And Divorce In The Sharī'a Court (1970) /A. Layish -- Document Twenty-Four Customary Khul': Compensation To Divorcing Husband On His Wife's Remarriage (1959) /A. Layish -- Document Twenty-Five Khul' Prior To Consummation To Be Effected In The Sharī'a Court (1966) /A. Layish -- Document Twenty-Six Consensual Divorce With Sureties To Be Effected In The Sharī'a Court (1974) /A. Layish -- Document Twenty-Seven Tribal Award Of Separation To Be Accomplished By Shar'ī Ṭalāq (1972) /A. Layish -- Document Twenty-Eight "Renunciation Divorce" On The Wife's Initiative In The Sharī'a Court (1962) /A. Layish -- Document Twenty-Nine Shar'ī Legal Opinion On Oath Of Suspended Divorce (N.D.) /A. Layish -- Document Thirty Agreement On Child's Custody And Maintenance (1979) /A. Layish -- Document Thirty-One Replacement Of Guardian Of Minors' Property By A Shar'ī Qāḍī (1904) /A. Layish.
PENANGGULANGAN KEMISKINAN DALAM PENCAPAIAN MILLENNIUM DEVELOPMENT GOALS (MDGs)
In the 1970s,Indonesiais one of thepoorest countries inAsia. In 1976, 54million people in Indonesia(40% of the population) belong to the categoryof poor. In1980-1990anperiodis a period ofhigh economic growth. High economicgrowthis closely linkedwithpoverty reductiondrasticallywhere the numberof poor peoplefell by almost50% from40millionto 22million peoplein 1981s/d1996.In the year2010 the numberof poor peopleamounted to31.02 million people, or about 13:33% andthe poverty ratein March2009 amounted to32.53million, or about 14:15% (BPS). LastBPS dataperSeptember 2013shows that there are28.59millionor11.66% ofthe totalpopulationinIndonesia.PovertyinIndonesia hasdecreasedsignificantlysincethe reformera. Acceleration ofpoverty reductionprogramsinIndonesiais donewithgoodsynergywork programsatnational and local levels. Poverty reduction programscurrently dividedinseveralclusters: Cluster(1) Direct AidSociety(BLM). Thisclusterincludes theSchool Operational Assistance(BOS), Community Health Insurance(Assurance), Ricefor the Poor(Raskin), Family Hope Program(PKH). Cluster1goalistoreducepovertyandimprove thequality ofhuman resources, especiallythe poor.Cluster (2) is the national community empowerment Program (PNPM) independently. The purpose of PNPM Mandiri is to increase prosperity and employment opportunities of the poor independently. Cluster (3) people's business credit (KUR) is a people's business credit is given to the poor without collateral to the community a certain amount. Purpose to provide and strengthening economic access for businessmen of small and micro-scale. An important aspect in strengthening is giving them freely to access of the poor to be able to try and improve the quality of life.In 2011 the Government carry out a Cluster of clusters of four. This Cluster includes: (1) the provision of the House very cheap, (2) a cheap public transport Vehicles, (3) clean water to the people, (4) enhancement of Life for fishermen, (5) improvement of Urban Edge Community Life. The 4 Cluster in the framework of poverty reduction and the achievement of the Millennium Development Goals (the Millennium Development Goals (MDGs), so the expected goal of the Millennium Development Goals (the Millennium Development Goals (MDGs) by 2015 is reached. As it known that the millennium development goals (the Millennium Development Goals (MDGs) is an attempt to meet the basic needs of the rights of man through a joint commitment between the 189 UN Member States to implement the 8 (eight) Millennium development goals, namely (1) tackling poverty and hunger, (2) achieve primary education for all, (3) encourage gender equality and the empowerment of women, (4) reduce child mortality, (5) improve maternal health, (6) fight against spread of HIVAIDS, malaria and other contagious diseases, (7) Living and Sustainability (8) global partnership in development. Eight of these targets as measurable goals for a single package of development and poverty reduction.In September 2000, the United Nations Millennium Summit, where world leaders agreed on eight development goals that are specific and measurable global called the Millennium Development Goals (MDGs). The first seven goals focus on eradication of extreme poverty and hunger, achieve universal primary education, promoting gender equality and empowering women, reducing child mortality; In September 2000, the United Nations improve maternal health, combat HIV-AIDS, malaria and other diseases, and ensuring environmental sustainability. Whereas the eighth goal calls for the establishment of a global partnership for development, with targets for aid, trade and debt relief.However approach the year 2015, global world will experience the transformation of the global development of the Millennium Development Goals (MDGs) into Sustainable Development Goals (SDGs). The shifting of the MDGs to the SDGs doesn't mean the goal contained in the MDGs fail is reached. Quite the contrary, many world records that reveal the success in various countries, there is a remarkable improvement experienced by the poor countries in the ranking of HDI (human development index) the lowest. In the last 40 years, the State- countries that are in the lowest rank of 25 percent experienced improved HDI to 82. The IMF report in the 2013 Global Monitoring Report also explain the positive trend in the achievement of the MDGs. reduction of half of the world's poor population, reduction of half of the population without access to clean water, the Elimination of gender inequality in primary education in 2015, and the improvement of life in a hundred million slums by 2020 was reached more quickly, i.e. in 2010. ADB, a number of countries in Asia also experienced progress in achieving the millennium development goals. The number of poor population has decreased significantly in Malaysia, Viet Nam and China. In Thailand and Malaysia, long-term policies to overcome poverty coupled with their concern for the environment has made the countries that are in the lowest rank of 25 percent experienced improved HDI to 82. The IMF report, these countries are on a sustainable growth path. But not so the case with Indonesia, a country with a diversity of biodiversity in forests is raining but the risorsis contained therein are not managed sustainably and fairly.Programme of the Millennium Development Goals (MDGs) will be forwarded to Suistanable Development Goals (SDGs). The MDGs will expire in 2015, but until now there has been no final draft which will forward the MDGs program. to that end, scientists and many quarters trying to deepen the concept of SDGs as successor to the MDGs. Keywords: Millennium Development Goals (MDGs), Sustainable Development Goals (SDGs), primary education, maternal health, clean water.
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