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Election-related spending in Indonesia fuels country’s economic growth

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Elisa Valenta

Elisa Valenta

Published Wed, Jan 17, 2024 · 05:00 AM
    • Posters of the three pairs of presidential and vice-presidential candidates up along Indonesia's roads ahead of the Feb 14 general election.
    • Posters of the three pairs of presidential and vice-presidential candidates up along Indonesia's roads ahead of the Feb 14 general election. PHOTO: AFP

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    [JAKARTA] With campaigning for Indonesia’s upcoming presidential election now in its final weeks, spending by the government and political parties is also in overdrive.

    Local media reports estimate that the government had spent 23.4 trillion rupiah (S$2 billion) as at December 2023, to cover expenses related to the presidential and legislative elections.

    The finance ministry’s records showed that the 2023 Budget set aside 30.4 trillion rupiah for election-related spending, with more funds committed for the 2024 fiscal year.

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    IndonesiaGeneral electionsPresidential Electionconsumer confidenceAsean BusinessAsean

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