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CNBC June 30, 2022
Indonesia’s Market Opportunities and the Government’s Defence Spending Commitment
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DefenceSummary
In his latest piece published by CNBC Indonesia, our defence expert, Alman Helvas Ali, highlights how the underlying budget constraints and international politics have a detrimental impact on Jakarta’s effort to modernise its National Armed Forces (TNI) through the Minimum Essential Force (MEF) programme. Nonetheless, the Indonesian defence market continues to be highly appealing, especially for foreign suppliers.