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Govt digs into education, regional reserves for Prabowo’s Quick Win
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The House of Representatives’ budget committee holds a session with the Finance Ministry and Bank Indonesia on the country's fiscal performance, projection and economy on July 8, 2024. (TJP/Deni Ghifari)
T
he government has allocated Rp 109.62 trillion (US$7.1 billion) worth of buffer funds, which were initially earmarked as reserves for education, transfers to regions and general purposes, to finance president-elect Prabowo Subianto’s costly Quick Win programs.
“So [the Quick Win programs] can be immediately executed, we modeled [next year’s reallocation plan] after the current budget situation,” National Development Planning Agency (Bappenas) secretary Teni Widuriyanti said on Wednesday.
“We’ve started setting aside [some funds] so the programs can move ahead; so the landing will be soft,” Teni told reporters on the sidelines of an event held by the Millennium Challenge Corporation, a United States government foreign aid agency.
In a meeting with the House of Representatives’ Budget Committee, Finance Minister Sri Mulyani Indrawati revealed on Wednesday that Prabowo’s Quick Win programs, which the president-elect himself had “instructed”, would need Rp 113 trillion to run in the first year, as reported by Kompas daily.
In addition, she said Rp 4.87 trillion was needed to add to the spending of some state institutions, bringing the planned extra expenditure for ministries and government agencies to Rp 117.87 trillion.
Read also: Questions raised over urgency for new nutrition body
The Quick Win agenda is divided into four clusters, the costliest of which is the free meals program run by the National Nutrition Agency and set to require Rp 71 trillion in the first year.
