Investment Financing Focuses on Four Areas with a Budget of Rp169.1 Trillion

By Office of Assistant to Deputy Cabinet Secretary for State Documents & Translation
Date 14 Agustus 2020
Category: News
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President Jokowi submits the Bill on the State Budget for the 2021 Fiscal Year and Its Financial Note before the DPR RI Plenary Session, Friday (14/8), at the Nusantara MPR/DPR/DPD RI Building, Senayan, Jakarta. (Photo by: DPR RI).

Investment financing will be carried out by the Government in 2021 with a budget of Rp169.1 trillion, President Joko “Jokowi” Widodo said in his Address on the Presentation of the Government Statement on the Bill on the State Budget for the 2021 Fiscal Year and Its Financial Note before the Plenary Session of the House of Representatives of the Republic of Indonesia, Jakarta.

This investment financing, according to the President, is planned for:

first, financing education sector to guarantee the continuity of education program for the next generation as a form of intergenerational responsibility;

second, empowering MSMEs and Ultra-Micro (UMi) financing in order to accelerate poverty eradication;

third, accelerating the development of facilities and infrastructure in transportation, housing, and energy security;

fourth, promoting national export program by increasing competitiveness of domestic goods and services in international markets.

The President expressed hope that the deliberation of the 2021 State Budget Bill will be carried out in a constructive manner to make Indonesia an advanced, sovereign, self-sufficient, and distinctive nation based on Pancasila and the 1945 Constitution.

The Head of State also expressed prayers that May God the Almighty bestow His Blessings upon us to carry out the tasks and mandate placed by the entire people of Indonesia.

“Long Live the Republic of Indonesia! Long Live the Land of Pancasila!,” the President said. (TGH/MAY/EN)

 

 

Translator: Muhardi
Reviewed by: Mia Medyana B.

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