SBSN issued in last 2021 reached Rp1.1 trillion and touched Rp961 billion in 2022
Balikpapan (ANTARA) - The State Sharia Securities (SBSN) issued for financing various projects in East Kalimantan reached Rp6.48 trillion for the 2014-2022 period, Finance Minister Sri Mulyani stated.

“The SBSN issued in 2021 reached Rp1.1 trillion and touched Rp961 billion in 2022,” Mulyani noted during a press conference on SBSN’s asset marking inscription here on Wednesday.

Projects financed by SBSN comprise the construction of campuses, Islamic primary schools (madrasah), complexes for police and military (TNI) soldiers, and infrastructure projects related to airports, she affirmed.

Meanwhile, the prioritized projects financed by the SBSN instruments in East Kalimantan, mostly managed by Public Works and Public Housing Ministry (PUPR), reached 83.34 percent.

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The projects, financed by the SBSN, were prepared to support the country’s new capital establishment, including roads and bridges under the PUPR’s highway and water resources directorate generals, she explained.

Some 15.13 percent of the remaining projects financed by the SBSN instruments are in other sectors.

“They are in the sectors of transportation, education -- such as campus and madrasah -- and also in the defense and security sectors,” she remarked.

The state’s treasurer expressed hope that all projects financed by SBSN in 2021 would be completed quickly.

However, if the target cannot be met, the SBSN will be allocated to the next year, so all projects can be completed.

Mulyani also thanked the project executors for having used SBSN for financing their projects and helped to secure the state’s assets belonging to the Indonesian citizens.

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Translator: Agatha Olivia, Juwita Trisna
Editor: Suharto
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