Ministry: Sharia Securities Allocation Includes Capital City Relocation Budget

TEMPO.CO, Jakarta - The government is allocating Rp. 27.58 trillion worth of government sharia securities or SBSN for infrastructure financing this year. The fund will be used for, among others, financing the capital city relocation to East Kalimantan.

The Finance Ministry's director-general of financing and risk management, Finance Luky Alfirman, said the biggest allocation is for the Public Works and Public Housing Ministry and the Transportation Ministry, of which Rp9.18 trillion was just actualized this year.

Based on the sectors, transportation received an allocation of Rp16.21 trillion, education Rp4.32 trillion, water resources Rp4.23 trillion, social/housing Rp1.75 trillion, while research and technology got Rp1.07 trillion.

Meanwhile, the allocation of SBSN for the 2021 national strategic project is for the capital city relocation program.

Hamdam, the deputy regent of Penajam Paser Utara, had confirmed that the plan to relocate the capital city to Penajam Paser Utara Regency and Kutai Kartanegara Regency in East Kalimantan had entered the finalization stage.

The National Development Planning Agency or Bappenas has finalized the new capital city's master plan and detail plan, Hamdam said. All requirements for moving the capital city from Jakarta have been met; it only needs to wait for the political decision of the Head of State and the ratification of regulations by the DPR.

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PUPR Minister: No Budget Allocated for New Capital City Project in 2021

Bisnis.com