Strategic Approaches to Municipal Bond Management in West Java’s Debt Management Unit

Abstract

The research on the "Debt Management Unit (DMU) Strategy in the Issuance of Municipal Bonds in West Java Province" addresses critical challenges local governments face in optimising financial resources for infrastructure development. This study is significant within the realm of Social Sciences, especially public policy, as it explores innovative financial strategies that could potentially reshape regional economic development. The background of this study stems from the suboptimal performance of the DMU in managing municipal bonds, a crucial tool for financing public infrastructure. The research aims to analyze the role of the DMU, identify key factors influencing its effectiveness, and propose strategic solutions to enhance its performance. Using a qualitative methodology, the study gathers data through interviews, observations, and document analysis, providing a comprehensive understanding of the DMU's operational challenges. The findings contribute both academically and practically by highlighting the importance of strategic management in public finance, particularly in a developing region like West Java. The proposed strategies, developed through SWOT analysis, offer actionable insights for policymakers to optimize debt management, thus ensuring sustainable infrastructure development. This research not only enriches the academic discourse on public financial management but also provides practical solutions for local governments facing similar challenges, making it a valuable contribution to both scholarly and applied fields.