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NEW UPDATES Asean Affairs   5 June 2014  


Govt to increase spending on infrastructure, says minister

Indonesia:Finance Minister Chatib Basri says that the government is going to increase the budget allocation for infrastructure spending in the 2015 state budget in a bid to increase the country's competitiveness in the global economy.

In addition, he said that better infrastructure would improve the nation's connectivity and provide easier access for low-income families to public facilities.

"Infrastructure development is going to enhance connectivity between one region and another in this country as well as help better distribute economic development," Chatib said on Tuesday on the sidelines of a hearing at the House of Representatives in Jakarta, as quoted by Antara news agency.

He said that the government was committed to providing basic needs for the public, in the form of houses, clean water, sanitation, electricity, food and transportation.

"We are going to continue providing stimulus by increasing capital spending on infrastructure," he added.

However, he said that the country was facing several challenges to upgrade its infrastructure, such as limited room in the fiscal sector and high subsidies in other sectors, thus limiting the amount of discretionary spending.

"Thus [...] infrastructure development should be conducted by state-owned firms, the private sector and collaboration between the government and private sector," he continued.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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