Indonesia's Pooling Fund for Disaster Relief Still Limited

By Editorial Team 03/03/2023
crowdfunding
Summary

Finance Minister Sri Mulyani Indrawati said Indonesia is in the ring of fire, leading to numerous catastrophic disasters. Therefore, funds are needed to overcome the impact of natural disasters.

She explained that the Disaster Pooling Fund (PFB) is one of the funding sources used to deal with disasters in Indonesia. The total funds collected by PFB have reached Rp 7.4 trillion, up from 2022, totaling Rp 7.3 trillion.

"We are adding Rp 3 trillion, making it Rp 4.3 trillion this year. We'll keep gathering it, and if we don't use it, we'll keep it safe. This is exactly like an Education Endowment Fund [LPDP]," Sri Mulyani said at the National Coordination Meeting for Disaster Management of 2023, through video conference, on Thursday.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.