Indonesia Boosts Nusantara Capital Development with Rp 6 Trillion Allocation for 2026

Significant Budget for New Capital City

The Nusantara Capital Authority (Otorita IKN) has received a substantial budget allocation of Rp 6 trillion for the fiscal year 2026, as detailed in the recently released Budget Implementation List (DIPA). This considerable investment is part of the Indonesian government's ongoing efforts to expedite the development of the new capital city. The allocation will be managed through a structured framework involving 6 heads of work units, 24 commitment-making officials, 5 officials authorized to sign payment orders, and 3 expenditure treasurers who were officially appointed by Basuki Hadimuljono, the head of Otorita IKN.

Emphasis on Transparent Financial Management

During the appointment ceremony, Basuki Hadimuljono stressed the critical importance of maintaining high accountability and transparency in the management of the allocated funds. He urged the appointed officials to execute their responsibilities with utmost integrity, avoiding any potential conflicts of interest in their decision-making processes. The newly appointed officials also signed an integrity pact, further reinforcing their commitment to ethical governance.

Optimism for Effective Implementation

With the DIPA now in place and the necessary administrative apparatus fully established, Otorita IKN is optimistic that the development programs and activities for the Nusantara Capital will be executed more effectively and with greater precision in 2026. This development is expected to bring substantial benefits to the nation and its people, aligning with the project's status as a strategic national project. The comprehensive allocation and the structured management plan underscore the government's commitment to the successful realization of Indonesia's new capital city.