00:00The Ministry of Economy praised the 2025 spending
00:05on Prime Minister Anwar Ibrahim yesterday,
00:07which was considered forward-thinking
00:09and turned out to be balanced,
00:11with more emphasis on the long-term re-structuring of the economy.
00:15Bawani Lecumanan from Business School, University of Stanley said
00:19that the focus of the 2025 spending is to increase the global state's diversity
00:24by supporting initiatives in the semiconductor sector,
00:27green energy, Islamic finance and digital transformation.
00:31Nusyari Ahmad Razi, Director of the Institute of Treasury Education, said
00:35that the 2025 spending reflects Prime Minister Anwar's philosophy
00:39in terms of fiscal,
00:41but emphasizes the development of a stronger safety net.
00:45According to him, the overall fiscal figure is in the right trend
00:49and in accordance with the Fiscal Responsibility Act,
00:51which sets a fiscal balance target at 3%
00:55or less than the balance in the rough state in 3 to 5 years.
01:01The 2025 spending is the highest ever announced,
01:05i.e. Rp 421 billion,
01:07including Rp 335 billion in business spending,
01:10Rp 86 billion for development
01:12and does not include Rp 2 billion of exorbitant savings.
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