About the Cost of Building a New Capital City, Economist: Can the New Capital Restore the National Economy?

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Kompas Bisnis

Faisal Basri, INDEF Senior Economist and Academician at the University of Indonesia
discussed that building a new capital city (IKN) needs to be monitored, especially in
terms of the state budget, which takes up to half a quadrillion dollars. The government
must also strategize short-term and long-term funding schemes by minimizing the state
budget allocation in the project.