The new capital city (IKN) Nusantara will only get around US$1 billion from the State Budget 2025, the first full year of Prabowo presidency. That means by next year about 20% of the total investment needed (Rp400 trillion), which is part of the State’s portion, has been fully disbursed. Rest assured, given lack of interest from private sector to finance the balance (80% or Rp320 trillion), Nusantara might be abandoned. To subscribe please click here
