Until Today, the economic teams are still controlling Indonesia government spending, so I believe we are still under a rational spending policy where majority of weapon spending under Jokowi administration is given to local defense industries (at least since its first term until Today).
We know we are under Pandemic attack, and this is why even until Today there is no heard on reckless spending like 36 Rafales and 12 F 15 EX acquisition plan where foreign media are saying based on our Armed Force last meeting.
The fact is our planning ministry only approve 1.6 billion USD foreign loan for fighters until 2024 shows Jokowi administration is still under economic team control. Even our pandemic task force is lead by Economic person (previously CEO of state owned bank, Bank Mandiri).
Despite being approved by planning ministry, the acquisition plan for fighters and many defense equipment hasnt yet passed Finance Ministery office under former World Bank Managing Director, Sri Mulyani, leadership.
What we know last year biggest acquisition is for local defense industry, dont know the overall spending for local companies, but for state owned defense holding, Defense ID, they get around 1 billion USD revenues (total sales) last year.
Private owned companies and state owned company that are not part of state owned defense holding like PT DKB (shipbuilder) could get some contract as well last year, at least PT Batamex shipyard get another contract last year to build another oil tanker vessel for our Navy.
So we try to spend on defense that will still effect our economy and improve our industrilization. This is also why for fighters I only wants F 15 EX with EPAWS (1.6 billion USD), since Rafale will be in the same class with KF21/IFX. Better not buy any fighters and wait for KF 21/IFX completes its development in 2026 inshaAllah if we cannot get the same F 15 EX like what is owned by US Air Force
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