One of the biggest challenges in relocating the capital would be financing. The National Development Planning Agency (Bappenas) predicts that the relocation of the capital requires at least Rp 466 trillion (US$32.96 billion). - Antara
JAKARTA (The Jakarta Post/Asia News Network): Progress on the nation’s new capital city has been ramped up after the government handed over the draft Bill on the new capital to the House of Representatives on Wednesday (Sept 29), along with the presidential letter to confirm it, marking the start of the legislative deliberation process.
House Deputy Speaker Sufmi Dasco Ahmad confirmed on Thursday (Sept 30) that the House leadership had obtained the presidential letter and that lawmakers would start deliberating the matter once they returned from recess in early November.
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