This is the List of Priority Expenditure Allocations for the 2024 State Budget
Wednesday
16 August 2023
7:17 PM
Jakarta, 16/08/2023 Ministry of Finance - State expenditure in the 2024 State Budget will be used to complete national strategic projects, eradicate absolute poverty and stunting, improve the quality of education and health, improve food and energy security and strengthen national defense.
"To realize superior, innovative, integrity, and competitive human resources, an education budget of Rp660.8 trillion or 20% of the state budget is prepared reflected in the allocation of central government spending of Rp237.3 trillion, transfers to regions of Rp346.6 trillion, and investment financing of Rp77 trillion," explained the President of the Republic of Indonesia, Joko Widodo, in his Speech Delivering Government Information on the 2024 Draft Law on Budget and Expenditure Revenue along with The Financial Memorandum, on Wednesday (16/08), at the Plenary Session of the House of Representatives of the Republic of Indonesia, Jakarta.
The President said that Indonesia must be able to take advantage of the demographic bonus and be ready to face technological disruption so that Indonesian human resources can be productive, innovative, globally competitive, have integrity, have noble character, while maintaining the nation's cultural identity.
"To present healthy and productive human resources, the health budget is planned at Rp186.4 trillion or 5.6% of the state budget," continued the President.
The health budget is directed at transforming the health system, encouraging the development of a strong and competitive pharmaceutical industry, improving access and quality of primary and referral services, ensuring the availability of reliable health care facilities from upstream to downstream, streamlining the JKN program, and accelerating the reduction in stunting prevalence to reach 14% by 2024 which is carried out through expanding coverage of all districts / cities in Indonesia by strengthening the synergy of various institutions.
To accelerate poverty reduction and improve welfare, as well as long-term human resource development to break the chain of poverty, the social protection budget in the 2024 State Budget is allocated IDR 493.5 trillion.
In line with this, the President said that social protection program reform is directed at improving lifelong and adaptive social protection, targeted and target-based subsidies for beneficiaries, improving the recipient database, among others, through strengthening socio-economic registration data, and accelerating the elimination of extreme poverty by 2024.
"To encourage productivity, mobility and connectivity, as well as equitable equity, the infrastructure budget is allocated Rp422.7 trillion," continued the President.
This infrastructure budget is directed at strengthening the provision of basic services; increased productivity through connectivity and mobility infrastructure; improvement of irrigation networks through the construction of dams, primary, secondary, and tertiary irrigation canals; provision of affordable, reliable and sustainable energy and food infrastructure; equitable access to information and communication technology; and support strategic projects, including the construction of IKN.
"The economic transformation strategy in the field of food security is allocated Rp108.8 trillion, which is prioritized for: increasing food availability, access, and stabilization of prices; increased domestic food production; Amplifieran institutional farmer; and financing support and farm business protection; acceleration of food infrastructure development and rehabilitation; development of food estate areas; and strengthening national food reserves," said the President.
In addition, the President also said that the defense security industry also continues to be encouraged to progress and be independent with the support of the State Budget, among others, it is used to meet the needs of defense equipment gradually with the support of the domestic defense industry to meet the minimum basic strength. (nug/hpy)
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