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Indonesia's 2023 Infrastructure Budget Increased to Rp392 Trillion

Dzulfiqar Fathur Rahman 16/08/2022 16:50 WIB

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The Indonesian government plans to allocate Rp392 trillion for infrastructure development in 2023, according to the Ministry of Finance.

Infrastructure Development Budget (2019-2023)

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Indonesia's 2023 Infrastructure Budget Increased to Rp392 Trillion

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Infrastructure Development Budget (2019-2023)

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President Joko Widodo announced that the government has allocated Rp392 trillion for infrastructure development in the 2023 State Budget (RAPBN). This figure is a 7.8% increase from this year's budget of Rp363.8 trillion.

The government plans to increase its spending on infrastructure development in 2023, in line with the need to support economic transformation.

Most of this spending will be channeled through central government expenditure. However, the government will also channel it through regional performance allowances (TKD).

With this budget, the government plans to build various basic services. This includes 3,511 apartment buildings and the construction, rehabilitation, or renovation of facilities and infrastructure for 670 primary and secondary schools.

Overall, the government plans to budget Rp3.04 quadrillion for state expenditure in 2023.

Editor : Annissa Mutia

"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 2023 Infrastructure Budget Increased to Rp392 Trillion

Indonesia's 2023 Infrastructure Budget Increased to Rp392 Trillion

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Indonesia's 2023 Infrastructure Budget Increased to Rp392 Trillion

Indonesia's 2023 Infrastructure Budget Increased to Rp392 Trillion

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