As of last week, the government has spent Rp83.4 trillion or US$5 billion for the new capital city (IKN) Nusantara in Penajam Paser Utara regency, East Kalimantan province. This is actually the total amount of money from the State Budget needed to build Nusantara until 2045, while the biggest chunk (80%) from the Rp400 trillion shall be sourced from the private sector.To subscribe please click here