Indonesia Allocates Over 10 Trillion Rupiah for New Capital Development This Year
The budget will be spent on the development of basic human settlement infrastructure at the new capital this year.
JAKARTA, KOMPAS.com – Indonesia’s Public Works and Public Housing (PUPR) Ministry has prepared a budget of 10.38 trillion rupiah ($694 million) to support the development of the country’s new capital city namely Nusantara on Borneo island in 2023. In 2019, President Joko “Jokowi” Widodo announced the relocation of the new capital to a forested area in East Kalimantan to relieve some of the burden on Jakarta and the crowded island of Java. The total budget ceiling for the directorate general of human settlements this year is 25.03 trillion rupiah ($1.7 billion), according to its director genera...