Indonesia Allocates USD8.9 Billion to Defence in 2020 - Berita terkini

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Friday, August 23, 2019

Indonesia Allocates USD8.9 Billion to Defence in 2020

The Indonesian government has formally proposed a fiscal year (FY) 2020 defence budget of IDR127.4 trillion (USD8.9 billion). According to budgetary documents published by the Ministry of Finance (MoF), the defence budget represents a 16% increase over the 2019 allocation of IDR109.6 trillion.

The documents state that the 2020 defence budget, which amounts to about 5% of total government expenditure in the year, will be used to support procurement efforts in line with the country's Minimum Essential Force (MEF) military modernisation programme.

"In FY 2020 the Ministry of Defence will continue strategic priority programmes and activities in order to support MEF fulfilment," said the MoF.

   IHS Janes  

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