The realization of investment financing in the first semester reached Rp25.6 trillion, a drastic increase as compared to 2020.Jakarta (ANTARA) - Finance Minister Sri Mulyani Indrawati highlighted that the realization of investment financing in the first semester of 2021 soared over four folds to reach Rp25.6 trillion, from Rp6 trillion during the corresponding period last year.
"The realization of investment financing in the first semester had reached Rp25.6 trillion, a drastic increase as compared to that in 2020," the minister stated at a working meeting with the Budget Committee at the House of Representatives (DPR) in Jakarta on Monday.
Investment financing comprised Rp15.6 trillion investment for public service agencies (BLU) and Rp10 trillion government investment for regions through the national economic recovery (PEN) loans.
"Once again, this is below the line of state debts, but it can help all elements in regions," she asserted.
The financing was channeled to the BLU of the Housing Finance Fund Management Center (PPDPP) for the construction of 93,792 out of the targeted 157,500 houses through a house ownership loan (KPR) scheme.
Related news: Govt encourages collaboration between investors and local businesses
The second is the BLU of the Educational Fund Management Institute (LPDP) that has extended scholarships to 6,469 out of the targeted seven thousand recipients and financed 32 out of the targeted 50 researches.
The other was the BLU of the Government Investment Center (PIP) that had financed 1.1 million out of the targeted 1.8 million ultra-micro debtors, she noted
Indrawati remarked that the Finance Ministry was in the process of finalizing a regulation to realize investment in state-owned companies. Related news: Many global investors want to cooperate with INA: Sri Mulyani
Translator: Astrid Faidlatul H, Suharto
Editor: Rahmad Nasution
Copyright © ANTARA 2021
