Having An Indicative Ceiling Of IDR 646 Billion But Pursuing An Investment Target Of IDR 1,400 Trillion, Bahlil Asks For The Budget Of The Ministry Of Investment / BKPM In 2023 To Increase To IDR 1.8 Trillion

The arrest of the Minister of Investment/Head of the Investment Coordinating Board, Bahlil Lahadalia, during a meeting with the DPR. (Photo: VOI/Mary Handayani)

JAKARTA - Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia asked his ministry's working budget to be increased to Rp1.8 trillion for 2023. According to Bahlil, this additional budget is important to achieve the investment target of Rp1,400 trillion.

For your information, this year President Joko Widodo (Jokowi) has set an investment target that the Ministry of Investment must bring into the country of IDR 1,250 to IDR 1,400 trillion.

"We proposed an additional budget of Rp. 1,240 trillion, bringing the total to Rp. 1,886 trillion. We do this in order to achieve the investment target of Rp. 1,250 to Rp. 1,400 trillion," he said in a Working Meeting with Commission VI DPR, Friday, 10 June.

In Bahlil's explanation, the indicative ceiling of the Ministry of Investment in 2023 is only Rp. 646.01 billion. The details are Rp314.3 billion for management support programs, and Rp331.7 billion for investment.

Bahlil assessed that the 2023 indicative ceiling of Rp646.01 billion was not balanced with the investment target borne by the Ministry of Investment. Therefore, he proposed an additional budget for 2023.

"This is what makes us dizzy as well, our burdens have been ordered to increase. But our costs (in 2023) have been cut down by 50 percent. So our costs are, I don't know which theory to use," he said.

With this additional burden, Bahlil asked for the approval of Commission VI of the DPR regarding the proposed budget. So that the indicative ceiling in 2023 will be Rp1,886,609,869. 000. This figure is higher than in 2022 which was Rp. 1,304,529,184,000.

"Where else would we complain if not to the Investment Ministry's partner, Commission VI of the DPR," he said.