Indonesian Political, Business & Finance News

Video: Indonesia is Disaster-Prone, How Large is the Budget?

| Source: CNBC Translated from Indonesian | Social Policy
Video: Indonesia is Disaster-Prone, How Large is the Budget?
Image: CNBC

Indonesia is one of the countries most vulnerable to various types of disasters, ranging from earthquakes and volcanic eruptions to tsunamis and many others. Over the last 15 years, the average loss due to disasters in Indonesia has reached more than Rp 22 trillion per year.

Consequently, the disaster management budget has come under scrutiny. President Prabowo Subianto has even stated that the budget allocation for disaster mitigation needs to be significantly increased.

How large is the disaster risk in Indonesia? How much budget has the government prepared? Detailed insights are provided by Aulia Wardhani in the Power Lunch programme on CNBC Indonesia.

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