JAKARTA. Indonesia is set to modernize its primary defense systems (alutsista) in order to strengthen the country's defense capabilities. In a limited meeting held at the Presidential Office in Jakarta on Monday, President Joko "Jokowi" Widodo said Indonesia’s current defense budget amounted to 1.1 percent of the country’s gross domestic product (GDP), slightly up from previous allocations of 0.89 percent of GDP in 2015 and 0.79 percent in 2014. Jokowi added that with targeted economic growth of 6 percent, Indonesia’s defense budgetary allocation would increase to 1.5 percent of GDP, worth around Rp 250 trillion (US$18.66 billion).
Indonesia to develop defense systems
JAKARTA. Indonesia is set to modernize its primary defense systems (alutsista) in order to strengthen the country's defense capabilities. In a limited meeting held at the Presidential Office in Jakarta on Monday, President Joko "Jokowi" Widodo said Indonesia’s current defense budget amounted to 1.1 percent of the country’s gross domestic product (GDP), slightly up from previous allocations of 0.89 percent of GDP in 2015 and 0.79 percent in 2014. Jokowi added that with targeted economic growth of 6 percent, Indonesia’s defense budgetary allocation would increase to 1.5 percent of GDP, worth around Rp 250 trillion (US$18.66 billion).