Indonesian Political, Business & Finance News

Prabowo Reveals Why Indonesia's Teachers' Salaries Are Low, US$343 Billion of Indonesia's Wealth 'Taken Abroad'.

| Source: CNBC Translated from Indonesian | Economy
Prabowo Reveals Why Indonesia's Teachers' Salaries Are Low, US$343 Billion of Indonesia's Wealth 'Taken Abroad'.
Image: CNBC

Jakarta, CNBC Indonesia - President Prabowo Subianto said that Indonesia’s gains from exporting natural resources have vanished over the past 22 years. According to the President, while Indonesia’s exports of natural resources have been substantial, the country has received little because much wealth has flowed out of the country. Over 22 years, the wealth extracted from Indonesia reached US343billionorRp6, 071trillion(exchangerateRp17, 700perUS). ‘What has happened, our profits over 22 years that left the country total US$436 billion, of which US$343 billion has left,’ he said at a Plenary Session on Wednesday (20 May 2026). In other words, Indonesia has only received US$93 billion over the last 22 years. As a result, Indonesians are not prosperous. Teachers’ salaries are low, salaries of law enforcement officers are low, civil service salaries are low. ‘This is why our budget is never enough; the budget is not strong,’ he said.

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