Financing the New Capital City

President Jokowi disbursed Rp71.8 trillion of state budget funds for the Nusantara Capital City (IKN) project. Investors are waiting for certainty about who will reside in the new capital.

Khairul Anam

June 10, 2024

A PANIC broke out at the Ministry of Tourism, Arts and Culture (Motac) building in Putrajaya, in the center of the Malaysian government, on Wednesday evening, June 5. At that time, everyone suddenly had to leave the building after officers found a package suspected of being a bomb on the 14th floor of that building. The package had apparently been delivered by a courier the previous morning.

Upon inspection, the package turned out not to be

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