The government has decided to efficiency the budget expenditure in the implementation of the State Revenue and Expenditure Budget (APBN) and the Regional Revenue and Expenditure Budget (APBD) for the 2025 fiscal year amounting to IDR 306.69 trillion.
The policy is contained in the presidential instruction (Inpres) number 1 of 2025 concerning the Efficiency of Expenditures in the Implementation of the State Budget and Regional Budget for the 2025 fiscal year.
Then reiterated through the Letter of the Minister of Finance Number S-37/MK.02/2025.
As for the letter, Finance Minister Sri Mulyani Indrawati also instructed the Minister/Leaders of Institutions to identify the K/L spending efficiency plan.
As well as following up on the results of the Leadership Meeting of the Financial Education and Training Agency on January 31, 2025
Therefore, the Ministry of Finance (Kemenkeu) decided to cancel the Ministerial Scholarship scholarship offer in 2025. In fact, the opening of scholarships was only announced on January 10, 2025.
Meanwhile, the announcement of the cancellation of the scholarship offer was uploaded on the official website of the Ministry of Finance's Financial Education and Training Agency (BPPK Kemenkeu) in the announcement of the number PEN-14/PP.2/2025 concerning the Cancellation of the 2025 Ministry of Finance Scholarship Offer (Ministrial Scholarship).
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The Ministry of Finance explained that this decision was taken because there was a government spending efficiency policy within the Ministry of Finance.
"We convey that the 2025 Ministry of Finance Scholarship Offer (Ministerial Scholarship) as announced through the Announcement of the PENG-1/PP.2/2025 number has been canceled," the letter was quoted as saying on Tuesday, February 4.
"We apologize for the cancellation of the 2025 Ministry of Finance Scholarship Offer (Ministrial Scholarship). As a follow-up to the cancellation, we have stopped the scholarship registration process from the date of this announcement," he added.
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