State Budget Supports Equitable Internet Network: Sri Mulyani

Translator

Tempo.co

12 March 2021 17:10 WIB

Finance Minister Sri Mulyani. Instagram

TEMPO.CO, Jakarta - Finance Minister Sri Mulyani said the state budget (APBN) had greatly sided with the penetration of Internet connection and digital connectivity.

According to Sri, the government was aware that infrastructure development was not only about road and bridge connectivity, but also communication network.

“Internet mobile speed and fixed internet connection [of Indonesia] rose by 24.8 percent and 16 percent [respectively] because of the robust support of the APBN,” Sri said during the Sfafiec Inauguration Ceremony and the Syariah Finance National Forum virtual event on Friday, March 12, 2021.

Sri said the development of network infrastructure would significantly open up work fields and opportunities for digital finance inclusion, what with Indonesia’s potential to leverage the digital finance sector given its giant market.

Based on the latest reports of We Are Social, the country’s internet users in January 2021 reached 202 million, up by 15.5 percent from the previous period. The reports also revealed Indonesia’s active social media users hit 170 million, rising by 6.3 percent from the previous year.

Sri Mulyani said the growth must be coupled with infrastructure development from the government. In 2021, the government earmarks infrastructure funds worth Rp414 trillion in the state budget, leaping from 2020’s Rp281 trillion.

Read: Sri Mulyani Teams Up with BPKP to Monitor Use of State Funds

FRANCISCA CHRISTY ROSANA



Sri Mulyani Targets to Build NLE at 14 Ports Across Indonesia

19 jam lalu

Sri Mulyani Targets to Build NLE at 14 Ports Across Indonesia

Sri Mulyani explains that NLE is stipulated in Presidential Decree No.5/2020 to simplify business bureaucracy in Indonesia.


Finance Minister: Electric Vehicle Ownership Incentive is being Finalized

1 hari lalu

Finance Minister: Electric Vehicle Ownership Incentive is being Finalized

Discussions regarding incentives for electric vehicle ownership at the government level are being finalized, Minister Sri Mulyani said.


Depok Provides Free Internet Access in 118 Spots

5 hari lalu

Depok Provides Free Internet Access in 118 Spots

Head of the Depok Communication and Informatics Agency Manto said 155 WiFi devices were installed in 118 spots throughout 2022.


Govt Allocates Rp21 Trillion for 2024 General Elections

9 hari lalu

Govt Allocates Rp21 Trillion for 2024 General Elections

Minister Sri Multani says the government will shell out Rp21.86 trillion from the State Budget for the 2024 general elections.


Sri Mulyani Honored on Forbes '50 Over 50: Asia 2023' List

10 hari lalu

Sri Mulyani Honored on Forbes '50 Over 50: Asia 2023' List

Indonesia's Finance Minister Sri Mulyani Indrawati is among the women honored on the Forbes '50 Over 50: Asia 2023' List


Sri Mulyani Calls for Vigilance of Recession This Year Despite Indonesia's Economic Recovery

12 hari lalu

Sri Mulyani Calls for Vigilance of Recession This Year Despite Indonesia's Economic Recovery

Minister Sri Mulyani says 2023 must be faced with optimism because 43 percent of countries will experience a recession this year according to the IMF.


Sri Mulyani Applauds Issuance of New Financial Sector Law

15 hari lalu

Sri Mulyani Applauds Issuance of New Financial Sector Law

President Jokowi recently enacted Law No. 4 of 2023 concerning the Development and Strengthening of the Financial Sector.


Recession, Climate Change, May Affect 2023 Economy, Says Sri Mulyani

20 hari lalu

Recession, Climate Change, May Affect 2023 Economy, Says Sri Mulyani

Sri Mulyani said economic recession, debts, geopolitical turmoil, and climate change, are aspects that might hamper the 2023 economy.


Layoffs Caused Almost One Million People to Lose Jobs Last Year, Apindo Says

24 hari lalu

Layoffs Caused Almost One Million People to Lose Jobs Last Year, Apindo Says

From January to November last year, 919,071 people lost their jobs due to layoffs, the Indonesian Employers' Association (APINDO) says.


Sri Mulyani Rebuts Issue that Rp5mn Monthly Income Subject to 5% Tax

25 hari lalu

Sri Mulyani Rebuts Issue that Rp5mn Monthly Income Subject to 5% Tax

Finance Minister Sri Mulyani strongly denies the circulating news that employees earning Rp5 million per month are subject to a 5 percent tax.