The Presence Of Kuabang Kao Airport In North Halmahera Becomes Real Evidence Of Sukuk Financing

Photo: Doc. Presidential Secretariat

The Minister of Finance (Menkeu) had the opportunity to share information related to a number of development evidences carried out by the government. This time, the Minister of Finance tried to explain the establishment of Kuabang Kao Airport in North Halmahera.

Has anyone ever visited North Halmahera or lived there? Now access to North Halmahera is much easier with the presence of Kuabang Kao Airport," he said via his personal Instagram account @smindrawati quoted Wednesday, December 28.

According to the Minister of Finance, the government's move to build infrastructure facilities cannot be separated from efforts to boost the local economy, as well as to facilitate community mobility.

"Did you know that natural beauty is suitable as a tourist destination?" he added.

He also explained the various facilities that residents can get through these strategic facilities.

"Now access to North Halmahera is much easier with the presence of Kuabang Kao Airport. Inaugurated in 2021, this airport can be reached within an hour of airline travel from Manado," he said.

As a general treasurer, it would be incomplete if he did not mention the origin of the state money used to build the new airport.

Kuabang Kao Airport was built using state sukuk or also known as State Sharia Securities (SBSN). The total allocation itself reached Rp37 billion. This means that #UangKita has contributed to building progress in North Maluku," said Minister of Finance Sri Mulyani.

Citing the APBN realization report released by the Ministry of Finance, it is known that until November 2022 the value of SBSN issued by the government in the domestic market will reach IDR 980 trillion. Meanwhile, for SBSN in the form of foreign currency (foreign currency) it was recorded at IDR 333.3 trillion.

Meanwhile, the government's total obligation until last month was IDR 7,554.2 trillion, equivalent to 38.6 percent of gross domestic product (GDP). This figure increased compared to October 2022 which amounted to IDR 7,496.7 trillion or 38.3 percent of GDP.