Indonesia to spend over RM75.66bil on festive events and the elections in 2024

Image from Vietnam News/ANN

JAKARTA (Vietnam News/ANN): The central bank of Indonesia (BI) has announced that it has allocated funds amounting to 260 trillion IDR (US$16.63 billion -- RM 75.66 billion) ahead of major celebrations, including the 2024 elections, Ramadan month, and Hari Raya celebrations in 2024.

Deputy Governor of Bank Indonesia Doni Primato Joewono said that the amount is 35% larger than the funds allocated for Ramadan and Eid al-Fitr 2023.