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Muhaimin Promises Budget Allocation for Youth Business Credit

Muhaimin Promises Budget Allocation for Youth Business Credit

LANGKATODAY - Presidential and vice presidential candidate pair number 1 Anies Baswedan-Muhaimin Iskandar (AMIN) plan to allocate 5 percent of the state budget, or around Rp150 trillion (US$9.7 billion), for youth business credit (KAMU), if elected.

This was conveyed by Muhaimin Iskandar at the first vice presidential debate of the 2024 General Elections, which was held at Jakarta Convention Center (JCC) here on Friday.

"AMIN will ensure 5 percent of the state budget, or around Rp150 trillion, is allocated specifically for you all Indonesian youngsters," he said.

He noted that young people have great energy to try their hand at business, but they usually lack capital. Therefore, the AMIN pair is aiming to launch the KAMU program.

According to Muhaimin, with the program, young people will have as much as possible access to credit to improve the economy.

Furthermore, to encourage the growth of the economy and development in villages, the pair will also aim to increase village funds from Rp1 billion (US$64,726) per village to Rp5 billion (US$323,643) per village.

"We will realize villages that are growing and developing; inshallah (God willing), we will realize Rp5 billion per village," he said.

The first vice presidential debate was held on Friday as part of the 2024 General Elections debate series. The themes of Friday's debate covered digital economy, investment, trade, and state budget management, among others.

Indonesia will hold the general elections on February 14, 2024, with the participation of around 204.8 million voters.

During the upcoming elections, Indonesians will elect a president and vice president as well as members of the House of Representatives (DPR), Regional Representatives Council (DPD), and Regional Legislative Councils (DPRD) at the province, city, and district levels.

Three pairs of presidential and vice presidential candidates are contesting the elections — Anies Baswedan-Muhaimin Iskandar, Prabowo Subianto-Gibran Rakabuming Raka, and Ganjar Pranowo-Mahfud MD.

Source: antara

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