2024 State Budget: LPDP to Receive an Additional Rp25 Trillion Next Year

Economics & Macro

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Adi Ahdiat 22/08/2023 18:40 WIB

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In the 2024 State Budget, the government has allocated Rp25 trillion in investment financing for LPDP.

2024 State Budget Investment Financing Allocation by Cluster

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2024 State Budget: LPDP to Receive an Additional Rp25 Trillion Next Year

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2024 State Budget Investment Financing Allocation by Cluster

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In the 2024 State Budget (RAPBN), the government has allocated Rp176.2 trillion for investment financing next year.

Rp25 trillion of this amount is allocated to the education cluster, specifically for investment in the Indonesia Endowment Fund for Education (LPDP).

Here is a complete breakdown of the investment financing allocation in the 2024 RAPBN by cluster:

1. Infrastructure Cluster

* State Capital Participation (PMN) to SOEs
* PT Hutama Karya (Persero): Rp12.5 trillion
* PT Sarana Multigriya Finansial (Persero): Rp1.9 trillion
* Investment in the State Asset Management Institute (LMAN) Public Service Agency (BLU): Rp15.0 trillion
* Non-Permanent Government Investment for the Housing Financing Liquidity Facility (FLPP): Rp13.7 trillion

2. Education Cluster

* Investment in the LPDP BLU: Rp25.0 trillion

3. Food and Environment Cluster

* Investment in the Environmental Fund Management Agency (BPDLH) BLU for mangrove rehabilitation: Rp1.2 trillion

4. International Cooperation Cluster

* Investment in the Islamic Development Bank (IsDB): Rp1.5 trillion
* Investment in the International Fund for Agricultural Development (IFAD): Rp0.1 trillion
* Investment in the International Development Association (IDA): Rp0.3 trillion

5. Other Clusters

* PMN to PT BPUI (Persero): Rp3.6 trillion
* Non-cash PMN to PT Len Industri (Persero): Rp0.6 trillion
* PMN to the Indonesian Eximbank (LPEI): Rp10.0 trillion
* Investment Financing Reserve: Rp25.8 trillion
* Other Financing Reserve: Rp13.0 trillion
* Education Financing: Rp52.0 trillion

Editor : Adi Ahdiat

"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."