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Prabowo Stops IKN Funding for 2025

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Algo Research Team

Economics | Feb 06, 2025 | Views: 1126

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Key Summary:

  • Funding for IKN is stopped in 2025 due to limited fiscal space
  • Progress has been slow with minimal interest from investors
  • President Prabowo will prioritize on free-meal programs

Indonesia’s plan to move its capital to Ibu Kota Nusantara (IKN) has hit another major hurdle. President Prabowo Subianto is set to halt all government funding for the project starting in 2025.


This signals a shift, redirecting funds towards his priority initiatives such as the Free School Lunch (MBG) program, and a blow to ex-President Jokowi’s “legacy”.

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