Indonesia's Manpower Ministry's 2024 Budget Allocation: Rp6.1 Trillion – A Breakdown

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Erlina Fury Santika 02/02/2024 18:43 WIB

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The Indonesian government has allocated Rp6.1 trillion (approximately US$400 million, depending on the exchange rate) in the 2024 State Budget (APBN) for the Ministry of Manpower (Kemenaker). This i

Ministry of Manpower's Budget Allocation Components in the 2024 (2023) State Budget

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Indonesia's Manpower Ministry's 2024 Budget Allocation: Rp6.1 Trillion – A Breakdown

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Ministry of Manpower's Budget Allocation Components in the 2024 (2023) State Budget

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The Indonesian government has allocated Rp6.1 trillion (approximately US$400 million based on current exchange rates, but the exact amount depends on the date of conversion) in the 2024 State Budget (APBN) for the Ministry of Manpower (Kemenaker).

This allocation represents an increase of Rp1.06 trillion compared to the 2023 APBN allocation of Rp4.38 trillion.

The government explains that this increase is due to the allocation for government contributions to the Job Loss Guarantee (JKP) program in 2024.

The 2023-2024 allocation is lower than the 2021-2022 realizations, which were Rp12.18 trillion and Rp12.43 trillion, respectively. The surge in the budget during those years was due to government subsidies for workers' wages to protect their economic well-being during the COVID-19 pandemic.

In the 2024 APBN, the largest component of Kemenaker's budget allocation is for manpower development, at Rp2.52 trillion. Vocational education and training receive Rp2.05 trillion.

Other programs include management support, allocated Rp1.51 trillion. However, the government has not allocated any funds for research and innovation in education technology in 2024.

(See also: Only 41 Million Workers Actively Registered with BPJS Employment in 2023)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's Manpower Ministry's 2024 Budget Allocation: Rp6.1 Trillion – A Breakdown

Indonesia's Manpower Ministry's 2024 Budget Allocation: Rp6.1 Trillion – A Breakdown

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Indonesia's Manpower Ministry's 2024 Budget Allocation: Rp6.1 Trillion – A Breakdown

Indonesia's Manpower Ministry's 2024 Budget Allocation: Rp6.1 Trillion – A Breakdown

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