ESG UPDATE

Indonesia state budget

MBG Program Spending Reaches Rp153.2 Trillion in Q3 2026

JAKARTA, JakartaWeekly.com—Finance Minister Suahasil Nazara explained that spending on the Free Nutritious Meals (Makan Bergizi Gratis/MBG) program had reached Rp153.2 trillion, covering 57 million beneficiaries. The funds were distributed through approximately 27,485 Nutrition Fulfillment Service Units (SPPGs). According to data from the September 2026 APBN KiTa report, MBG spending accounted for 70.03% of the Rp218.77 […]

4 days ago

Indonesia’s Finance Ministry KCIC Debt Takeover Still Could Burden State Budget

JAKARTA, Jakartaweekly.com—An economist said the government’s move to take over the debt of PT Kereta Cepat Indonesia China (KCIC), the operator of the Whoosh high-speed rail service, will still put pressure on the state budget, despite the use of a Special Mission Vehicle (SMV) mechanism. Center of Economic and Law Studies (Celios) Economic Director Nailul […]

3 months ago