Indonesia spends nearly 30 billion USD on infrastructure in 2023
Indonesia's Finance Minister, Sri Mulyani Indrawati, has disclosed that the country allocated 455.8 trillion IDR (approximately 29.4 billion USD) from the state budget for infrastructure investment last year.
Finance Minister Sri Mulyani Indrawati (centre) speaks at a press conference on Indonesia's 2023 State Budget performance and realisation in Jakarta on January 2, 2024. (Photo: Antara)
Jakarta (VNA) – Indonesia's Finance Minister, SriMulyani Indrawati, has disclosed that the country allocated 455.8 trillion IDR(approximately 29.4 billion USD) from the state budget forinfrastructure investment last year.
The figure increased by 22.2% compared to the 372.8 trillionIDR recorded in the corresponding period of the previous year.
Indonesia's national new agency Antara reported that the infrastructure budget wasallocated to various ministries and institutions fordiverse construction projects of public housing, irrigation networks, roads,and seaports, among others.
Local regions also received direct allocations for criticalinfrastructure projects like roads, bridges, drainage, and clean water systems.Further allocations went to the financing of the Trans-Sumatra toll roadproject and the construction of some 200,000 housing units.
"This ensures infrastructure equity, present ineverything from clean water, roads, bridges, and irrigation, to toll roads,airports, and seaports," Indrawati stated as quoted by Antara./.
A total of 41.4 trillion IDR (2.67 billion USD) has been invested in projects launched as part of the first, second and third phases of Indonesia’s new capital Nusantara this year.
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Finance Minister Sri Mulyani Indrawati (centre) speaks at a press conference on Indonesia's 2023 State Budget performance and realisation in Jakarta on January 2, 2024. (Photo: Antara) 
