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.
Indonesia spends nearly 30 billion USD on infrastructure in 2023 ảnh 1Finance 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, 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.

The figure increased by 22.2% compared to the 372.8 trillion IDR recorded in the corresponding period of the previous year.

Indonesia's national new agency Antara reported that the infrastructure budget was allocated to various ministries and institutions for diverse construction projects of public housing, irrigation networks, roads, and seaports, among others.

Local regions also received direct allocations for critical infrastructure projects like roads, bridges, drainage, and clean water systems. Further allocations went to the financing of the Trans-Sumatra toll road project and the construction of some 200,000 housing units.

"This ensures infrastructure equity, present in everything from clean water, roads, bridges, and irrigation, to toll roads, airports, and seaports," Indrawati stated as quoted by Antara./.

VNA

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