GOVT TO ADDRESS CONSTRAINTS IMPEDING BUDGET ABSORPTION By Fardah

Jakarta, Aug 15, 2015 (Antara) -- Members of the parliament and some businessmen have expressed concern over the low absorption of the state budget by ministries in the first semester of 2015.   
  Till late June, budget absorption was only 26.2 percent, which is Rp208.5 trillion, far below the target, according to a report.

        However, other data showed that till July 31, spending by ministries/government institutions amounted to only Rp261 trillion, which is 32.8 percent of the allocation in the state budget of Rp795.5 trillion for 2015.

        According to information from the Finance Ministry, budget spending by a number of government agencies was less than 25 percent of the target till mid 2015.

BLUE ECONOMY CONCEPT BALANCES ECONOMIC GROWTH AND ENVIRONMENTAL PRESERVATION by Fardah

   Jakarta, Oct 8, 2014 (Antara) - Being the world's largest archipelago with over 17,000 islands, Indonesia is a maritime nation with a total population of around 250 million.

        The ocean and coastal areas have always been crucial sources of livelihood for millions of citizens and played significant roles in addressing climate change and preserving marine biodiversity.

        Given such crucial roles of oceans and coastal areas, the nation is forced to be able to balance economic growth and environmental preservation in managing maritime and coastal areas.

ABOUT TIME TO INVEST IN "BLUE ECONOMY" by Fardah

   Jakarta, Dec 10, 2012 (ANTARA) - As the world's largest archipelagic nation with around 17,500 islands and 95,200 km coastline - the second longest after that of Canada - Indonesia has huge marine resources potentials.

         Last year, coastal and ocean economic sectors including capture fisheries, aquaculture, energy and mineral resources, marine tourism, sea transportation, and maritime industries and services contributed about 30 percent to Indonesia's GDP and employed more than 20 million people, according to former maritime affairs and fisheries minister Rokhmin Dahuri.