Prabowo's school meal programme to cost $7.7 billion in first year

JakartaPost-Feb 21

A plan by Indonesia’s likely new president Prabowo Subianto to provide free school lunches and milk will cost up to Rp 120 trillion ($7.68 billion) in its first year, his team said on Wednesday.  Prabowo has declared victory in last week’s presidential election in the world’s third biggest democracy, after quick ballot counts by independent pollsters in sample polling stations showed he had won nearly 60 percent of votes. Some analysts have warned the cost for Prabowo’s signature campaign pledge, free meals for 82.9 million children, is high and could undermine Indonesia’s track record of fiscal discipline. His team has said the program would cost Rp 450 trillion ($28.79 billion) when it reached its final stage in 2029. During Prabowo’s first year, however, the program would require between Rp 100 trillion to Rp 120 trillion in expenditure to provide well-balanced and healthy meals, said Budiman Sudjatmiko, a senior member of Prabowo’s team of experts, without providing further detail. The current design of the program includes collaboration with farmers cooperatives and small businesses, which Budiman said could cut the program’s total cost further. Investors are paying close attention to the details of the program. Read more at: https://www.thejakartapost.com/business/2024/02/21/prabowos-school-meal-programme-to-cost-77-billion-in-first-year.html