Jokowi: Be prudent with military spending


Military might: Air Force personnel marching during a parade marking the 78th anniversary of the Indonesian Armed Forces in Jakarta. — AFP

President Joko Widodo emphasised the importance of military hardware modernisation but warned any spending should be done wisely as the state budget was limited.

The archipelago nation of 270 million people, South-East Asia’s biggest economy, is seeking to modernise its military but has lagged its regional peers in recent years.

“Spending for military hardware must be done wisely, in terms of the amount or allocation,” Jokowi said during an armed forces parade.

Defence Minister Prabowo Subianto, a likely candidate seeking to replace the outgoing Jokowi next year, has led a series of procurements of late, including 42 Dassault Rafale fighter jets for US$8.1bil (RM38.2bil), 12 new drones from Turkish Aerospace worth US$300mil (RM1.4bil), and 12 Mirage 2000-5 fighter jets valued at US$800mil (RM3.7bil).

Jokowi in July also warned his Cabinet to maintain a “healthy” budget as he highlighted outsized spending by the security agencies, including the defence ministry.

For the past decade, Indonesia’s defence spending per capita and as a percentage of gross domestic product has been the lowest among South-East Asia’s six emerging market economies, according to data from the Stockholm International Peace Research Institute (SIPRI) think tank. — Reuters

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Philippine hatchling stirs hope for endangered eagle
Bangkok court sentences ‘Am Cyanide’ to death for premeditated murder
Conflict in Myanmar sparks surge in Thai property purchases
Putin gifts zoo animals, including lion and bears, to North Korean zoo
Japan PM wins opposition backing for economic stimulus
Indonesia to hand over Philippine woman on death row for drugs
Sarawak announces two-month bonus for its civil servants
FBM KLCI slips below 1,600 amid weak market sentiment
Anwar to officiate at two years of Madani govt programme on Nov 23
11-day tour strengthens ties, showcases Malaysia's 'shine' on global stage, says Anwar

Others Also Read