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STAN Polytechnic of State Finance (Indonesian: Politeknik Keuangan Negara STAN; abbreviated as PKN STAN), is a government-affiliated college in Indonesia, located in Banten, in Bintaro Sector V Tangerang Selatan. It offers undergraduate degrees in finance.
In May 2018, the German state – through HRE – placed around 22 million shares in PBB with institutional investors for 12.95 euros apiece in an accelerated bookbuilding; the sale raised around 287 million euros ($339.7 million) and slashed its stake in PBB to 3.5 percent from 20 percent. [5]
Performance-based budgeting is the practice of developing budgets based on the relationship between program funding levels and expected results from that program. The performance-based budgeting process is a tool that program administrators use to manage budget outlays more cost-efficiently and effectively.