Educational activities: "Village Development Fund and Sustainable Development Goals. The Indonesian example and the role of university students"

Educational SDG-based activities (for undergraduates students): «Village Development Fund and Sustainable Development Goals. The Indonesian Case and the Role of University Students».

An educational event introducing the Indonesian Village Development Fund Program (SDG 1: No Poverty; SDG 8: Decent Work and Economic Growth; SDG 11: Sustainable Cities and Communities) — 11 March 2026. A third-year doctoral student shared his experience supporting universities and students in Indonesia.

What Is the Village Development Fund? Village Development Fund. The Village Development Fund is a national fiscal policy that transfers funds from the national government to villages. Purpose: -support rural development; -reduce poverty; -improve infrastructure; -empower local communities .

How Are Village Development Funds Used? Infrastructure Development: -village roads and bridges; -irrigation systems; -clean water facilities; -village markets.

Local Economic Development: -support for small businesses; -development of village-owned enterprises (BUMDes); -village tourism initiatives.

Social and Community Programs: -health and sanitation programs; -education support; -community empowerment activities.

Sustainable Development Goals (SDGs). The Sustainable Development Goals (SDGs), also known as Global Goals, are a set of 17 integrated and interrelated goals to end poverty, protect the planet and ensure that humanity enjoys peace and prosperity by 2030. The SDGs are 17 global goals adopted by the United Nations in 2015 to achieve sustainable development by 2030.

This event will focus on three SDGs:

SDG 1 – No Poverty; SDG 8 – Decent Work and Economic Growth; SDG 11 – Sustainable Cities and Communities.

Village Development Fund and SDG.

SDG 1 – No Poverty. Village funds help reduce poverty through: -job creation; -rural infrastructure; -agricultural support; -small business development.

SDG 8 – Decent Work and Economic Growth. Village funds stimulate local economies by supporting: -village tourism; -local products reaching wider markets; -agriculture; -village enterprises. These activities create jobs and income opportunities.

SDG 11 – Sustainable Cities and Communities. Village funds support sustainable communities through: -improved infrastructure; -sanitation systems; -community facilities; -environmental initiatives.

Why Indonesia’s Village Fund Is Unique? Indonesia’s village development model is unique because: -direct fiscal transfers to villages; -nationwide coverage; -strong community participation.

It is considered one of the largest rural development programs in the world.

The Roles of Universities & Students.

University and students can contribute to the achievement of the SDGs through activities related to village development programs such as: -community education; -research and innovation; -supporting small businesses; -environmental initiatives; -village data mapping.

Young people are important agents of change for sustainable development.

The event was organized by the HSE Department of Finance and Accounting, Associate Professor and Researcher O. Yu. Kogut, 1st-year doctoral student in Accounting and Auditing D. Sugiri (Indonesia), curator-advisor G. E. Kasenova, and 2nd-year students majoring in Finance (English).