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February 8, 2025 | 07:32 pm
TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Saturday, February 8, 2025. Here are the highlights: Indonesia's Ministry of Finance Cancels 2025 Scholarship Program Due to Budget Cut; Jokowi on Blocked IKN Budget by Prabowo: Ask the Government; and Indonesian Minister Turns off the Lights in Government Quest to Cut $19 Billion.
The following is the list of the top 3 news on Tempo English today:
1. Indonesia's Ministry of Finance Cancels 2025 Scholarship Program Due to Budget Cut
Based on President Prabowo Subianto's instruction to each ministry and agency to implement budget savings, the Ministry of Finance (Kemenkeu) has to cancel the Ministerial Scholarship offer for 2025. This decision was also the result of the Leadership Meeting of the Financial Education and Training Agency (BPPK) on January 31, 2025.
"We sincerely apologize for the cancellation of the Ministry of Finance (Kemenkeu) Ministerial Scholarship offer for 2025. As a follow-up to this cancellation, the scholarship registration process has been discontinued effective from the date this announcement is issued," said Wahyu, as quoted by Antara.
2. Jokowi on Blocked IKN Budget by Prabowo: Ask the Government
Indonesian Former President Joko Widodo or Jokowi did not say much about the budget for the New Capital (IKN), which was recently held back by President Prabowo Subianto. The IKN budget was blocked following Presidential Instruction Number 1 of 2025 concerning Efficiency in Expenditure in the Implementation of the State Budget and Regional Budget.
According to Jokowi, budget cuts and blockages are within the government's authority. "Ask the Head of the IKN Authority, ask the government," said Jokowi after meeting with Nigerian politician Peter Obi at his residence in Sumber Village, Banjarsari District, Solo, Central Java, on Friday, February 7, 2025.
3. Indonesian Minister Turns off the Lights in Government Quest to Cut $19 Billion
The lobby of Indonesia's Economic Affairs ministry was a bit darker this week when some lights were turned off as the minister looked for savings after President Prabowo Subianto ordered $19 billion of budget cuts to help fund election promises.
Ministers have responded to the presidential direction by cutting spending across the board, from maintenance of roads and bridges to travel as well on operating costs and new equipment.
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Gus Ipul: Bansos Funds Unaffected by Rp1.3tn Budget Cut at Social Ministry
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Minister Gus Ipul says Prabowo has reaffirmed his commitment not to cut the budgets for social assistance and direct aid programs.
Jokowi on Blocked IKN Budget by Prabowo: Ask the Government
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Joko Widodo or Jokowi responds to the issue of the budget for the new Indonesian capital project, Ibu Kota Nusantara or IKN, which was blocked by Prabowo Subianto.
Indonesian Minister Turns off the Lights in Government Quest to Cut $19 Billion
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Indonesian President Prabowo Subianto ordered $19 billion of budget cuts to help fund election promises.
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Here is the list of the top 3 news on Tempo English today.
National Library Talks of Reduced Operating Hours Due to Budget Cuts
1 hari lalu
National Library Head E. Aminudin Aziz apologizes for the reduction of operating hours as a consequence of budget cuts.
Prabowo: Defense is a Vital Issue for a Country
1 hari lalu
President Prabowo asserted that the purpose of a state is to ensure its survival.
Ministry Claims Prabowo's Foreign Visits Successfully Attract Investments
1 hari lalu
Ministry of Foreign Affairs spokesman hands over the assessment of Prabowo's first 100-day performance to the public.
Indonesian National Library Cuts Operating Hours Following Govt's Budget Efficiency Measures
1 hari lalu
Affected by Prabowo administration's budget efficiency measures, Indonesian National Library will shorten its operating hours starting February 10.
Palace Confirms Budget for IKN Development Is Blocked
1 hari lalu
Hasan Nasbi emphasized that this does not mean there are no funds allocated for the IKN project.
BMKG: Budget Cut Risks Inaccuracies on Weather, Earthquake Data
1 hari lalu
BMKG has requested a budget dispensation in the name of national resilience and the safety of the Indonesian public from disaster threats.
