The House of Representatives’ budget committee holds a session with the Finance Ministry and Bank Indonesia on the country's fiscal performance, projection and economy on July 8, 2024. - The Jakarta Post/ANN
JAKARTA: The government has allocated Rp 109.62 trillion (US$7.1 billion) worth of buffer funds, which were initially earmarked as reserves for education, transfers to regions and general purposes, to finance president-elect Prabowo Subianto ’s costly Quick Win programmes.
“So [the Quick Win programmes] can be immediately executed, we modeled [next year’s reallocation plan] after the current budget situation,” National Development Planning Agency (Bappenas) secretary Teni Widuriyanti said on Wednesday (Sept 4).
