Jakarta, January 23, Jan. 23 -- The Indonesian government has allocated 48.8 trillion IDR (2.99 billion USD) for the second phase of developing Nusantara, Indonesia's new capital, for the 2025-2029 period. This represents a notable decrease from the 89 trillion IDR set aside for the first phase in 2022-2024.

Basuki Hadimuljono, Head of the Nusantara Capital Authority, on January 22 revealed that President Prabowo Subianto aims to make Nusantara the political capital. He added that his responsibility includes completing the judicial and legislative ecosystem infrastructure, such as offices and residences.

A budget of 48.8 trillion IDR is needed primarily to complete the legislative complex, judicial facilities, and supporting ecosystems,...