Govt Allocates Rp21 Trillion for 2024 General Elections

Translator

Ricky Mohammad Nugraha

Editor

Laila Afifa

Jumat, 20 Januari 2023 14:24 WIB

TEMPO.CO, Jakarta - Finance Minister Sri Mulyani Indrawati, in a Cabinet plenary meeting aired on the Presidential Secretariat’s Office Youtube channel, announced that the government will shell out Rp21.86 trillion from the State Budget for the 2024 general elections.

“The expense for the general election is hoped to maintain Indonesia’s economy from the global condition,” she said.

Minister Mulyani hopes that the increase in spending costs can reduce the high price of inflation and the economic slowdown of other countries. However, she explained, compared to the 2019 election of Rp25.59 trillion, the current allocation has decreased by Rp3.73 trillion, a decrease of 14.5 percent.

Apart from the general elections budget, she said, the government has prepared expenditures for the preparation of the New Capital City of Nusantara at Rp23.9 trillion, especially for infrastructure which is Rp21 trillion.

"Spending for food security is Rp104.2 trillion, social protection is Rp476 trillion, energy security is Rp341 trillion," said Sri Mulyani.

Maria Arimbi Haryas Prabawanti

Click here to get the latest news updates from Tempo on Google News



Related News

Sri Mulyani: Rupiah Weakens, Still Better Than Baht and Ringgit

3 hari lalu

Sri Mulyani: Rupiah Weakens, Still Better Than Baht and Ringgit

Finance Minister Sri Mulyani Indrawati said the rupiah exchange rate depreciated by 2.89 percent year-to-date (ytd) in the first quarter of this year.

Read More

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

6 hari lalu

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

Sri Mulyani said that geopolitical tensions in the Middle East became the focus of world leaders, which will have a significant economic impact.

Read More

Indonesia's MPR Chairman Urges General Elections Law Reform

8 hari lalu

Indonesia's MPR Chairman Urges General Elections Law Reform

People's Consultative Assembly (MPR) Chairman Bambang Soesatyo emphasized the need for improvements to the General Elections Law.

Read More

Rupiah Weakens to Rp16,210 per US Dollar on Friday

10 hari lalu

Rupiah Weakens to Rp16,210 per US Dollar on Friday

The rupiah closed weak at Rp16,187 per US dollar on Thursday.

Read More

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

10 hari lalu

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

Finance Minister Sri Mulyani said that geopolitical tensions in the Middle East are on the rise and have drawn the attention of global leaders.

Read More

Prabowo Team Claims Ready to Assist with Drafting The 2025 State Budget

11 hari lalu

Prabowo Team Claims Ready to Assist with Drafting The 2025 State Budget

A member of Prabowo National Winning Team stated that they are prepared to help in the preparation of the State Budget Draft for 2025.

Read More

Sri Mulyani Urges Global Finance Ministers for Enhanced Role in Climate Change Initiatives

18 hari lalu

Sri Mulyani Urges Global Finance Ministers for Enhanced Role in Climate Change Initiatives

Sri Mulyani as urged global finance ministers to be more involved in developing climate strategies or NDCs

Read More

Sri Mulyani Holds Strategy Meeting to Anticipate Economic Impact of Iran's Strike on Israel

19 hari lalu

Sri Mulyani Holds Strategy Meeting to Anticipate Economic Impact of Iran's Strike on Israel

Conflicts between countries in the Middle East continue to escalate following Iran's strike on Israel on Saturday night, April 13, 2024.

Read More

Kadin Chairman Arsjad Rasjid: Government Should Adhere to Fiscal Discipline

24 hari lalu

Kadin Chairman Arsjad Rasjid: Government Should Adhere to Fiscal Discipline

Kadin Chairman Arsjad Rasjid stated that the Draft State Budget must be prepared wisely, and the government must adhere to fiscal discipline.

Read More

Today's Top 3 News: Taiwan Earthquake Rescuers Face Threat of Landslides

29 hari lalu

Today's Top 3 News: Taiwan Earthquake Rescuers Face Threat of Landslides

Here is the list of the top 3 news on Tempo English on Saturday, April 6

Read More