Sri Mulyani Says IKN Development Until April 2024 Has Just Spent IDR 4.3 Trillion

Minister of Finance Sri Mulyani Indrawati conveyed that the realization of the State Revenue and Expenditure Budget (APBN) for the development of the Nusantara Capital City (IKN) had reached Rp4.3 trillion or 10.9 percent of the total ceiling of Rp39.6 trillion as of April 1, 2024.

"As of April 1 or the end of March, it was only IDR 4.3 trillion from IDR 39.6 trillion. This means that only 11 percent or 10.9 percent of the ceiling," Sri Mulyani said at a press conference on the KiTa State Budget in Jakarta, Friday, April 26.

Sri Mulyani explained, as much as IDR 2.3 trillion or 6.4 percent of the total ceiling of IDR 36.5 trillion has been used for IKN development in the infrastructure cluster.

For the progress of development that has been running, this has resulted in a progress of physical realization of 13.5 percent.

In the infrastructure cluster, it is used for building construction in the State Palace Area, the Coordinating Ministry and other Ministries, as well as the IKN Authority Building (OIKN).

In addition, the realization of the state budget is also used for the construction of the State Civil Apparatus Flats (ASN) and Defense and Security (Hankam), the Minister's Tapak House and other crucial projects, including flood control infrastructure.

Then for the construction of IKN toll roads, bridges, hospitals, and VVIP airports, to improvement of the area for water facilities for the Sepaku Semoi Dam, reservoirs, and IKN flood control areas.

Then, this shopping post is also distributed for promotion/publicity/socialization of IKN, reports and recommendations for K/L policies, mapping, security by the Police, and OIKN operations.

Sri Mulyani conveyed that the use of the budget for non-infrastructure clusters was IDR 2 trillion or 65.5 percent of the total ceiling of IDR 3.1 trillion.

The construction of the IKN non-infrastructure cluster includes planning, coordination, preparation of transfers, promotions, and socialization of IKN.

Furthermore, reports and policy recommendations on ministries/agencies (K/L), mapping activities, evaluation monitoring, and OIKN operations.

Sri Mulyani said that the total budget allocated for IKN development from 2022 to 2024 was recorded at IDR 72.1 trillion.

In detail, the budget allocation for IKN development in 2022 is IDR 5.5 trillion, in 2023 it is IDR 27 trillion, and in 2024 the budgeted allocation is IDR 39.6 trillion.

From 2022 to 2024 it is allocated a budget of Rp72.1 trillion. If 2022 is only Rp5.5 trillion, 2023 is Rp27 trillion, this year the budget allocation is close to Rp40 trillion, or Rp39.6 trillion," he said.