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Nusantara (city)

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157-549: Nusantara ( Indonesian pronunciation: [nusanˈtara] ), officially Nusantara Capital City ( Indonesian : Ibu Kota Nusantara , abbreviated IKN ), is the future capital of Indonesia , located between Kutai Kartanegara Regency and Penajam North Paser Regency , East Kalimantan , on the island of Borneo . Nusantara is planned to be a special capital region at the provincial level, replacing Jakarta . Construction began in July 2022, starting with land clearing and

314-737: A lingua franca in the Indonesian archipelago for half a millennium. It might be attributed to its ancestor , the Old Malay language (which can be traced back to the 7th century). The Kedukan Bukit Inscription is the oldest surviving specimen of Old Malay, the language used by Srivijayan empire. Since the 7th century, the Old Malay language has been used in Nusantara (archipelago) (Indonesian archipelago), evidenced by Srivijaya inscriptions and by other inscriptions from coastal areas of

471-413: A 20% tax). This effectively created a freely floating rupiah. The price of the certificates quickly reached 332% of face value by April 1958, i.e. Rp38, a rate at which the government chose to end the free market, fixing the price at 332% of face value. The currency devaluation of large notes in 1959 had the official exchange rate devalued to Rp45 as of August 1959. Despite this, the fundamental issues with

628-532: A Rp75,000 banknote to commemorate the 75th Independence Day of Indonesia. The note featured the proclamators of Indonesia's Independence , Sukarno and Mohammad Hatta (who were also featured in the Rp100,000 note). In 2022, the BI predicts that banknotes of this series will cease to be legal tender in 2025 or 2026, with all circulating 2016-series banknotes replaced by newer 2022-series banknotes. Bank Indonesia introduced

785-499: A Special Committee Meeting, Minister of National Development Planning Suharso Monoarfa said the new nation's capital would be named Nusantara. It was hoped that development of Nusantara would learn lessons from a similar relocation, when Brazil relocated its capital from Rio de Janeiro to Brasília in 1960. The Ministry of Public Works and Public Housing organized a capital city design contest in late 2019. The winner, Nagara Rimba Nusa ('Forest Archipelagic Country') by Urban+

942-454: A few cases, however, coinings permanently replaced earlier Dutch terms, including pajak (earlier meaning 'monopoly') instead of belasting (tax) and senam (meaning 'exercise') instead of gimnastik (gymnastics). The Komisi Bahasa is said to have coined more than 7000 terms, although few of these gained common acceptance. The adoption of Indonesian as the country's national language was in contrast to most other post-colonial states. Neither

1099-489: A hilly landscape and was previously an industrial forest , with its concession owned by Sukanto Tanoto . Nusantara encompasses an area of 2,560 km (990 sq mi) designated as National Strategic Area ( Kawasan Strategis Nasional, KSN ), with 68.56 km (26.47 sq mi) as the Main Governmental Zone ( Kawasan Inti Pusat Pemerintahan, KIPP ), 561.80 km (216.91 sq mi) as

1256-502: A large proportion of Indonesian, at least, use two language daily, those are Indonesian and local languages. When two languages are used by the same people in this way, they are likely to influence each other. Aside from local languages, Dutch made the highest contribution to the Indonesian vocabulary, due to the Dutch colonization over three centuries, from the 16th century until the mid-20th century. Asian languages also influenced

1413-470: A lingua franca between vernacular Malay dialects, Malay creoles, and regional languages. The Indonesian name for the language ( bahasa Indonesia ) is also occasionally used in English and other languages. Bahasa Indonesia is sometimes improperly reduced to Bahasa , which refers to the Indonesian subject ( Bahasa Indonesia ) taught in schools, on the assumption that this is the name of the language. But

1570-427: A looser sense, it also encompasses the various local varieties spoken throughout the Indonesian archipelago. Standard Indonesian is confined mostly to formal situations, existing in a diglossic relationship with vernacular Malay varieties, which are commonly used for daily communication, coexisting with the aforementioned regional languages and with Malay creoles ; standard Indonesian is spoken in informal speech as

1727-487: A monophthong followed by an approximant, so ⟨ai⟩ represents /aj/ , ⟨au⟩ represents /aw/ , and ⟨oi⟩ represents /oj/ . On this basis, there are no phonological diphthongs in Indonesian. Diphthongs are differentiated from two vowels in two syllables, such as: Indonesian rupiah The rupiah ( symbol : Rp ; currency code : IDR ) is the official currency of Indonesia , issued and controlled by Bank Indonesia . Its name

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1884-522: A new family of banknotes on 18 August 2022. Officially they were retroactively issued as legal tender on 17 August 2022 to commemorate the 77th Independence Day of Indonesia. Similar to the 2016 series, the Indonesian dances and national heroes are still featured on the notes, with some notable changes. Bank Indonesia initiated the Garuda Project, a project to develop Indonesia's central bank digital currency on 30 November 2022 crypto . through

2041-438: A premium of 5–25% to boost their export. To control foreign exchange, the government brought in a number of measures. About 40% of the foreign-exchange requirements of importers were required to be paid to the government from April 1952, while as from September 1952, the government decided to provide only a limited amount of foreign exchange, made available every four months. These foreign-exchange restrictions, designed to provide

2198-616: A result of the southward expansion of Austronesian peoples into Maritime Southeast Asia from the island of Taiwan . Indonesian, which originated from Malay, is a member of the Austronesian family of languages, which includes languages from Southeast Asia , the Pacific Ocean and Madagascar , with a smaller number in continental Asia . It has a degree of mutual intelligibility with the Malaysian standard of Malay, which

2355-613: A rift between the two standardized varieties. This has been based more upon political nuance and the history of their standardization than cultural reasons, and as a result, there are asymmetrical views regarding each other's variety among Malaysians and Indonesians. Malaysians tend to assert that Malaysian and Indonesian are merely different normative varieties of the same language, while Indonesians tend to treat them as separate, albeit closely related, languages. Consequently, Indonesians feel little need to harmonise their language with Malaysia and Brunei, whereas Malaysians are keener to coordinate

2512-461: A significant influence on the development of Malay in the colony: during the colonial era, the language that would be standardized as Indonesian absorbed a large amount of Dutch vocabulary in the form of loanwords . The nationalist movement that ultimately brought Indonesian to its national language status rejected Dutch from the outset. However, the rapid disappearance of Dutch was a very unusual case compared with other colonized countries, where

2669-560: A system which treats the open-mid vowels / ɛ / and / ɔ / as distinct phonemes. Poedjosoedarmo argued the split of the front mid vowels in Indonesian is due to Javanese influence which exhibits a difference between ⟨i⟩ [ i ], ⟨é⟩ [ e ] and è [ ɛ ]. Another example of Javanese influence in Indonesian is the split of back mid vowels into two allophones of [ o ] and [ ɔ ]. These splits (and loanwords) increase instances of doublets in Indonesian, such as ⟨ satai ⟩ and ⟨ saté ⟩. Javanese words adopted into Indonesian have greatly increased

2826-524: A total number of speakers in Indonesia of 248.5 million. It is common as a first language in urban areas, and as a second language by those residing in more rural parts of Indonesia. The VOA and BBC use Indonesian as their standard for broadcasting in Malay. In Australia , Indonesian is one of three Asian target languages, together with Japanese and Mandarin , taught in some schools as part of

2983-489: A white paper on its development. By passage of the omnibus law , the digital rupiah is legalised as a form of the rupiah. Historically, currencies of Indonesia have been influenced by the spread of Indian and Chinese cultures. During colonial times, the currency used in what is now Indonesia was the Netherlands Indies gulden . The country was invaded in 1942 by Japan, which began printing its own version of

3140-828: Is a standard language of "Riau Malay", which despite its common name is not based on the vernacular Malay dialects of the Riau Islands , but rather represents a form of Classical Malay as used in the 19th and early 20th centuries in the Riau-Lingga Sultanate . Classical Malay had emerged as a literary language in the royal courts along both shores of the Strait of Malacca , including the Johor Sultanate and Malacca Sultanate . Originally spoken in Northeast Sumatra , Malay has been used as

3297-400: Is aligned with the winner's main concept. The city is designed for sustainability and protecting its surrounding Kalimantan forests, targeting 80% of mobility to be supported by public transport, cycling, or walking and drawing all of its energy from renewable sources and allocating 10% of its area to food production. Although, critics have voiced many concerns about the impact of Nusantara on

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3454-565: Is amplified by the use of Indonesian slang , particularly in the cities. Unlike the relatively uniform standard variety, Vernacular Indonesian exhibits a high degree of geographical variation, though Colloquial Jakartan Indonesian functions as the de facto norm of informal language and is a popular source of influence throughout the archipelago. There is language shift of first language among Indonesian into Indonesian from other language in Indonesia caused by ethnic diversity than urbanicity. The most common and widely used colloquial Indonesian

3611-583: Is derived from the Sanskrit word for silver , rupyakam ( रूप्यकम् ). Sometimes, Indonesians also informally use the word perak ( ' silver ' in Indonesian ) in referring to rupiah in coins. The rupiah is divided into 100 cents ( Indonesian : sen ), although high inflation has rendered all coins and banknotes denominated in cents obsolete. The rupiah was introduced in 1946 by Indonesian nationalists fighting for independence . It replaced

3768-551: Is heavily influenced by the Betawi language , a Malay-based creole of Jakarta , amplified by its popularity in Indonesian popular culture in mass media and Jakarta's status as the national capital. In informal spoken Indonesian, various words are replaced with those of a less formal nature. For example, tidak (no) is often replaced with the Betawi form nggak or the even simpler gak/ga , while seperti (like, similar to)

3925-419: Is named as 'Indonesian language' is a true Malay language derived from 'Riau Malay' but which had been added, modified or subscribed according to the requirements of the new age and nature, until it was then used easily by people across Indonesia; the renewal of Malay language until it became Indonesian it had to be done by the experts of the new nature, the national nature of Indonesia" — Ki Hajar Dewantara in

4082-470: Is officially known there as bahasa Malaysia , despite the numerous lexical differences. However, vernacular varieties spoken in Indonesia and Malaysia share limited intelligibility, which is evidenced by the fact that Malaysians have difficulties understanding Indonesian sinetron (soap opera) aired on Malaysia TV stations, and vice versa. Malagasy , a geographic outlier spoken in Madagascar in

4239-636: Is often replaced with kayak [kajaʔ] . Sangat or amat (very), the term to express intensity, is often replaced with the Javanese-influenced banget . As for pronunciation, the diphthongs ai and au on the end of base words are typically pronounced as /e/ and /o/ . In informal writing, the spelling of words is modified to reflect the actual pronunciation in a way that can be produced with less effort. For example, capai becomes cape or capek , pakai becomes pake , kalau becomes kalo . In verbs,

4396-493: Is owned by Accor Group , working with Hotel Nusantara and Sembcorp partnering with state-owned electricity company PLN . He also claimed there were 300 letters of intent . As of August 2024, IDR 56.2 trillion of investment already entered Nusantara. However, construction delays are still happening and there are concerns of the financial viability and the unfinished core infrastructure of Nusantara. On 29 July 2024, outgoing Indonesian President Joko Widodo began working from

4553-498: Is perhaps the only language that has achieved the status of a national language in its true sense" since it truly dominates in all spheres of Indonesian society . The ease with which Indonesia eliminated the language of its former colonial power can perhaps be explained as much by Dutch policy as by Indonesian nationalism. In marked contrast to the French , Spanish and Portuguese, who pursued an assimilation colonial policy, or even

4710-499: Is planned for the new capital. The city's development focuses on creating dense, walkable areas and will feature a citywide network of cycling paths, two rail lines for a metro system, a bus rapid transit system, and autonomous minibuses as feeder services. An automated guideway transit system will connect the new capital to the Balikpapan highway. Additionally, a new intercity and regional rail system will be constructed to link

4867-401: Is taken from Gajah Mada 's oath and may be interpreted as a translation of Dvīpāntara , an older Sanskrit term coined by Kertanegara , which carries roughly the same meaning. Nusantara was chosen as the official name for the new capital city of Indonesia to embody the national geopolitical vision known as Wawasan Nusantara ( lit.   ' Nusantara Vision ' ; or 'Vision of

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5024-419: Is the official and national language of Indonesia . It is a standardized variety of Malay , an Austronesian language that has been used as a lingua franca in the multilingual Indonesian archipelago for centuries. With over 280 million inhabitants, Indonesia ranks as the fourth most populous nation globally. According to the 2020 census, over 97% of Indonesians are fluent in Indonesian, making it

5181-564: The British , the Dutch did not attempt to spread their language among the indigenous population. In fact, they consciously prevented the language from being spread by refusing to provide education, especially in Dutch, to the native Indonesians so they would not come to see themselves as equals. Moreover, the Dutch wished to prevent the Indonesians from elevating their perceived social status by taking on elements of Dutch culture. Thus, until

5338-591: The COVID-19 vaccination campaign was completed in March 2022. In March 2022, the Japanese SoftBank Group withdrew from the project because of uncertainty about returns. According to Indonesian Maritime Affairs and Investment Coordinating Minister Luhut Panjaitan , the investment would have totalled U$ 30–40 billion. This was a setback as the Indonesian government had planned to supply only 19.2% of

5495-508: The House of Representatives (the lower house of Indonesian legislature). Amongst many items prescribed in the bill, it contained the plan for the formation of a Capital City Authority ( Otorita Ibu Kota Negara ), a special agency responsible for the new capital and answering to the President. The new agency was granted ministry-like qualities in that the office holder would be appointed by

5652-693: The Indian Ocean , also in some parts of the Sulu area of the southern Philippines and traces of it are to be found among people of Malay descent in Sri Lanka , South Africa , and other places. Indonesian is taught as a foreign language in schools, universities and institutions around the world, especially in Australia , the Netherlands , Japan , South Korea , Timor-Leste , Vietnam , Taiwan ,

5809-554: The Indian Ocean ; the Philippines national language, Filipino ; Formosan in Taiwan's aboriginal population; and the native Māori language of New Zealand are also members of this language family. Although each language of the family is mutually unintelligible, their similarities are rather striking. Many roots have come virtually unchanged from their common ancestor, Proto-Austronesian language . There are many cognates found in

5966-636: The International Monetary Fund . During the month, the rupiah fluctuated in the Rp3,300–3,650 range. IMF's response was announced on 1 November 1997. Sixteen small and insolvent banks, holding a market share of 2.5%, would be closed. Private banks would be subject to improved monitoring, and some state banks would be merged. Deposits would be underwritten up to Rp20 million (about US$ 5,500). About 90% of all depositors held less than this amount in their bank accounts. After this announcement,

6123-616: The Japanese-issued version of the Netherlands Indies gulden which had been introduced during the Japanese occupation in World War II . In its early years, the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. The Riau Islands and the Indonesian half of New Guinea ( Irian Barat ) had their own variants of the rupiah in the past, but these were subsumed into

6280-584: The Joko Widodo (Jokowi) administration reawakened a dormant motion to move the country's capital from Jakarta, making a commitment to completely assess prospective alternative sites for Indonesia's new capital by the end of that year. According to an official from the Ministry of National Development Planning of Indonesia (Bappenas), the government was determined to move the Indonesian capital out of Java , an idea that had been intermittently floated since

6437-597: The Languages Other Than English programme. Indonesian has been taught in Australian schools and universities since the 1950s. In East Timor , which was occupied by Indonesia between 1975 and 1999, Indonesian is recognized by the constitution as one of the two working languages (the other being English ), alongside the official languages of Tetum and Portuguese . It is understood by the Malay people of Australia's Cocos Keeling Islands in

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6594-509: The Mexican financial crisis , and in June and September 1996, from 3 to 5% and then 5 to 8%. These actions had been successful in the past in defending the rupiah, but on this occasion, a more serious crisis of confidence arose. The rupiah immediately fell 7%, with foreign money quickly leaving the country. The investor confidence in Indonesia was shaken, and due to previous deregulations, much of

6751-634: The New Order 's MPR's State Policies Outline ( Garis Besar Haluan Negara, GBHN ). This was to provide security and sustainability to the project and ensure its continuation after Jokowi was no longer in the presidency. Based on the results of the KedaiKOPI Survey Institute survey in August 2019, 95.7% of respondents from Jakarta expressed their rejection of the plan to move the capital city to East Kalimantan. On 17 January 2022, during

6908-735: The Sukarno administration, which had considered Palangka Raya in Central Kalimantan . Shortly after the plan was announced, Jokowi visited two alternative locations in Kalimantan , Bukit Soeharto in East Kalimantan , and the Triangle Area near Palangka Raya . In April 2019, a 10-year plan to transfer all government offices to a new capital city was announced. The National Development Planning Ministry recommended

7065-665: The United States , and the United Kingdom . Indonesian is the official language of Indonesia , and its use is encouraged throughout the Indonesian archipelago. It is regulated in Chapter XV, 1945 Constitution of Indonesia about the flag, official language, coat of arms, and national anthem of Indonesia. Also, in Chapter III, Section 25 to 45, Government regulation No. 24/ 2009 mentions explicitly

7222-566: The 1930s, they maintained a minimalist regime and allowed Malay to spread quickly throughout the archipelago. Dutch dominance at that time covered nearly all aspects, with official forums requiring the use of Dutch, although since the Second Youth Congress (1928) the use of Indonesian as the national language was agreed on as one of the tools in the independence struggle. As of it, Mohammad Hoesni Thamrin inveighed actions underestimating Indonesian. After some criticism and protests,

7379-587: The 1959 devaluation, inflation, which had been running at 25% per annum 1953–1959, grew exponentially, with rates over 100% in 1962, 1963, and 1964, and 600% in 1965. Despite the official Rp45 to US$ 1 rate, two further export certificate trading systems, of March 1962 – May 1963, and then from April 1964 onwards, showed premiums of 2,678% July 1962 (an effective rate of Rp1,205), 5,100% August 1965 (Rp2,295) and 11,100% in November 1965 (Rp4,995). The last demonetisation of rupiah notes occurred in late 1965 when inflation

7536-447: The 2010 census showing only 19.94% of over-five-year-olds speak mainly Indonesian at home. Standard Indonesian is used in books and newspapers and on television/radio news broadcasts. The standard dialect, however, is rarely used in daily conversations, being confined mostly to formal settings. While this is a phenomenon common to most languages in the world (for example, spoken English does not always correspond to its written standards),

7693-553: The 50,000 rupiah), but could be exchanged in Bank Indonesia offices until 20 August 2010. As the smallest current note is worth approximately US$ 0.067, even small transactions such as bus fares are typically conducted with notes and the Rp1,000 coin is far more common than the Rp1,000 note. The government initially announced that this would change, with a Rp2,000 note to replace the Rp1,000, with that denomination fully replaced by

7850-798: The Capital City Area ( Kawasan Ibu Kota Negara ), and the remainder as the Capital City Development Zone ( Kawasan Pengembangan Ibu Kota Negara ). The Nusantara metropolitan area will include the surrounding regencies and cities of East Kalimantan, such as Balikpapan and Samarinda . Nusantara is managed by an agency known as the Nusantara Capital City Authority (Indonesian: Otorita Ibu Kota Nusantara ). Its structure differs from that of other cities in Indonesia, which are considered autonomous, self-governing entities separate from

8007-496: The Congress of Indonesian Language I 1938, Solo Several years prior to the congress, Swiss linguist, Renward Brandstetter wrote An Introduction to Indonesian Linguistics in 4 essays from 1910 to 1915. The essays were translated into English in 1916. By "Indonesia", he meant the name of the geographical region , and by "Indonesian languages" he meant Malayo-Polynesian languages west of New Guinea, because by that time there

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8164-549: The Foreign Exchange Certificate System (FECS). By the trade-in certificates an export rate of Rp7.6 and an import rate of Rp11.4 was established. The FECS was scrapped on 4 January 1952, by which time the government had been able to reduce its deficit by 5.3 billion rupiah through the exchange differential. The system was scrapped because domestic prices were being determined by the import rate, which were hurting profits from exports earned at

8321-462: The Indonesian archipelago'). It also reflects the country's status as an archipelagic state . According to local Kutai oral tradition recorded in the historical manuscript Salasilah Kutai ( lit.   ' The genealogy of the Kutai kingdom ' ), the area was referred to as Nusentara ( lit.   ' land that is divided ' ) before it was named Kutai in the 13th century. In April 2017,

8478-592: The Indonesian language is still in debate. High Malay was the official language used in the court of the Johor Sultanate and continued by the Dutch-administered territory of Riau-Lingga , while Low Malay was commonly used in marketplaces and ports of the archipelago. Some linguists have argued that it was the more common Low Malay that formed the base of the Indonesian language. When the Dutch East India Company (VOC) first arrived in

8635-412: The Indonesian stock market was owned by foreign investors. Local confidence in the currency was also undermined as the population followed suit, selling rupiah for dollars. The spot rate soon fell below the selling rate (i.e. outside the 12% exchange rate band). BI attempted to intervene but eventually abandoned the managed float on 14 August 1997, leaving the rupiah to float freely. The rupiah–dollar rate

8792-521: The Institute for Demographic and Poverty Studies (Ideas), speculated that this might have been sparked by president-elect Prabowo being less enthusiastic about the project than Jokowi was, he claimed Prabowo's statements at the time was the project would still continue, but would no longer be a priority. On 12 August 2024, Prabowo said he will continue the project and if possible he will finish it. He believes it will be long and difficult, but in 3-5 years

8949-572: The Nusantara region to ensure the participation of local workers. The project is expected to be fully finished in 2045, with Phase 5 being the last. On 17 August 2024, Indonesia officially celebrated its Independence Day for the first time in Nusantara. The word nusantara is derived from an Old Javanese compound of nūsa ( lit.   ' islands ' ) + antara ( lit.   ' outer ' ), which can be roughly translated as 'the outer islands' (from Java island's perspective). This term

9106-401: The Nusantara site. However, this decision drew criticism from local organizations for not adequately involving local workers. In response to these concerns, President Joko Widodo instructed the Nusantara Capital City Authority to increase the workforce to between 150,000 and 200,000 to ensure the participation of local workers in the development of Nusantara. Construction was delayed until after

9263-597: The President, but with special governing capabilities akin to a provincial governor. It will also regulate how the Capital Authority will manage its funding, taxation, retribution, and assets. Because the plan was submitted in the middle of Jokowi's second term as president, the People's Consultative Assembly (MPR) suggested a constitutional amendment to re-establish MPR's ability to enact Principals of State Policies ( Pokok–Pokok Haluan Negara, PPHN ), similar to

9420-598: The Rp10,000), 2011 (revised versions of the Rp20,000, Rp50,000 and Rp100,000) and 2020 (the commemorative Rp75,000 denomination issued 2020). Notes issued in 1998–1999 ceased to be legal tender since 31 December 2008 and were exchangeable until 30 December 2018 at Bank Indonesia. Earlier notes are also no longer legal tender, due to the lack of security features and association with the Suharto regime (especially 1993 and 1995 note of

9577-481: The amount of foreign exchange that could be sent home, with the amounts allowed out subject to fees of 66 + 2 ⁄ 3 %. As of November 1954, exporters were required to sell 15% of their foreign exchange earned to the government. An increasingly complex set of tariffs on imports was unified in September 1955 with a set of extra import duties, requiring down payments to the government of 50, 100, 200, or 400% of

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9734-546: The archipelago at the start of the 1600s, the Malay language was a significant trading and political language due to the influence of the Malaccan Sultanate and later the Portuguese . However, the language had never been dominant among the population of the Indonesian archipelago as it was limited to mercantile activity. The VOC adopted the Malay language as the administrative language of their trading outpost in

9891-415: The archipelago, such as Sojomerto inscription . Trade contacts carried on by various ethnic peoples at the time were the main vehicle for spreading the Old Malay language, which was the main communications medium among the traders. Ultimately, the Old Malay language became a lingua franca and was spoken widely by most people in the archipelago. Indonesian (in its standard form) has essentially

10048-548: The authority was under the leadership of Head Bambang Susantono and Deputy Head Dhony Rahajoe . In June 2024, Bambang Susantono and Dhony Rahajoe resigned from their respective roles ahead of the inauguration of the city. Their motives is said to be personal reasons. Currently the head of the Nusantara Capital City Authority is Basuki Hadimuljono who is also the head of the Ministry of Public Works and Housing of Indonesia . While Bambang Susantono

10205-402: The capital city to Kalimantan during his state address in parliament seven days earlier. The National Development Planning Ministry estimated the relocation cost to be Rp  466 trillion ( US$ 32.7 billion) and that the government intended to cover 19% of the cost, the remainder coming mainly from public-private partnerships and direct investment by both state-owned enterprises and

10362-638: The central government. In contrast, the Capital City Authority is an agency directly accountable to the central government. It operates at the ministerial level and its Head is a cabinet-level official. Unlike governors, mayors, and regents, who are popularly elected in regional elections, the Head and Deputy Head of the Authority are appointed by the President . From March 2022 to June 2024,

10519-587: The city can carry out its function as a capital well. Nusantara was scheduled to be inaugurated as the capital city on 17 August 2024, coinciding with Indonesian Independence Day . However, the move did not take place. On that day Jokowi held his first independence day celebration as President in the city. He initially said that 8,000 people were invited to the ceremony, but the number was later reduced to 1,300 due to concerns over unfinished facilities. The following week, Basuki Hadimuljono announced that President Joko Widodo's office may be moving there in September after

10676-503: The city’s role as the seat of government. Nusantara is located on the east coast of Borneo , the world's third largest island . The city shares a land border with the province of East Kalimantan and has a coastal line that stretches eastward to the Makassar Strait and southward to Balikpapan Bay . Nusantara also has four islands (Benawa Besar, Batupayau, Jawang, and Sabut) located to the north of Balikpapan Bay. The city boasts

10833-427: The colonial language generally has continued to function as the language of politics, bureaucracy , education, technology , and other fields of importance for a significant time after independence. The Indonesian scholar Soenjono Dardjowidjojo  [ id ] even goes so far as to say that when compared to the situation in other Asian countries such as India, Malaysia, Singapore and the Philippines, "Indonesian

10990-466: The completion of IKN airport. Meanwhile, President Widodo has said that he does not want to rush the planned transfer of civil servants to IKN in September if they are not ready. President Prabowo Subianto has confirmed his administration's commitment to continue the development of Nusantara as Indonesia's new capital. Prabowo Subianto envisions Nusantara, the capital city in East Kalimantan, as

11147-420: The construction of access roads. The initial phase, known as the 'Government Central Area zone', will comprise government offices, schools, and hospitals. The project is estimated to be worth Rp  523 trillion ( US$ 35 billion) and will be finished in 5 phases. Phase 1 started in August 2022. Around 150,000 to 200,000 workers from around Indonesia participated in this project with an additional workforce around

11304-509: The currency on 30 March by 28% to Rp970. At this time, the 1980s oil glut put the Indonesian economy under pressure, with exports uncompetitive as a result of the overvalued currency, and oil contributing less as a result of lower global prices. On 1 June 1983, 'Pakjun 1983' brought deregulation of the banking system, and the end of the meaningless 6% official deposit rate, with a more market-based financial system. Credit ceilings were removed. Interest rates, initially 18%, remained above 15% over

11461-491: The development of national culture, science, technology, and mass media. It also serves as a vehicle of communication among the provinces and different regional cultures in the country. According to Indonesian law, the Indonesian language was proclaimed as the unifying language during the Youth Pledge on 28 October 1928 and developed further to accommodate the dynamics of Indonesian civilization. As mentioned previously,

11618-527: The early European traders and explorers brought to Southeast Asia. Indonesian also receives many English words as a result of globalization and modernization , especially since the 1990s, as far as the Internet's emergence and development until the present day. Some Indonesian words correspond to Malay loanwords in English, among them the common words orangutan , gong , bamboo , rattan , sarong , and

11775-568: The east. Following the bankruptcy of the VOC, the Batavian Republic took control of the colony in 1799, and it was only then that education in and promotion of Dutch began in the colony . Even then, Dutch administrators were remarkably reluctant to promote the use of Dutch compared to other colonial regimes. Dutch thus remained the language of a small elite: in 1940, only 2% of the total population could speak Dutch. Nevertheless, it did have

11932-399: The end of 1956 was Rp31 to US$ 1, falling to Rp49 at the end of 1957, and Rp90 by the end of 1958. In response to Sumatra and Sulawesi refusing to hand over their foreign exchange, in June 1957, a new system for foreign exchange was introduced; exporters received export certificates (BE) representing the foreign currency earned and could sell them to importers on the free market (but subject to

12089-516: The equivalent coin. After a long delay, this proposal was revised so that the Rp2,000 banknotes were launched by Bank Indonesia (BI) on 9 July 2009, with the banknotes circulating as legal tender from 10 July 2009, but without withdrawing the 1,000-rupiah note. Following the issuance of Presidential Decree No. 31 of 5 September 2016, BI introduced seven new banknote designs featuring national heroes: On 17 August 2020, Bank Indonesia officially introduced

12246-635: The evolution of the language with Indonesians, although the 1972 Indonesian alphabet reform was seen mainly as a concession of Dutch-based Indonesian to the English-based spelling of Malaysian. In November 2023, the Indonesian language was recognised as one of the official languages of the UNESCO General Conference. Currently there are 10 official languages of the UNESCO General Conference, consisting of

12403-408: The fixed-exchange-rate system and severe import controls (which had cotton mills running at only 11% of capacity due to lack of imported raw materials) were not addressed, and smuggling grew, often backed by the army, while assets were moved offshore by over-invoicing. The government maintained price controls over goods and raw materials, with the official oil price unchanged from 1950 to 1965. After

12560-464: The frequency of Indonesian ⟨é⟩ and ⟨o⟩. In traditional Malay, high vowels (⟨i⟩, ⟨u⟩) could not appear in a final syllable if a mid-vowel (⟨e⟩, ⟨o⟩) appeared in the previous syllable, and conversely, mid-vowels (⟨e⟩, ⟨o⟩) could not appear in the final syllable if a high vowel (⟨i⟩, ⟨u⟩) appeared in the previous syllable. Traditional Malay does not allow the mid-central schwa vowel to occur in consonant open or closed word-final syllables. The schwa vowel

12717-813: The future president and vice-president, Sukarno and Hatta. Journalists, beginning a practice that has continued to the present, did not wait for the Komisi Bahasa to provide new words, but actively participated themselves in coining terms. Many of the Komisi Bahasa's terms never found public acceptance and after the Japanese period were replaced by the original Dutch forms, including jantera (Sanskrit for 'wheel'), which temporarily replaced mesin (machine), ketua negara (literally 'chairman of state'), which had replaced presiden (president) and kilang (meaning 'mill'), which had replaced pabrik (factory). In

12874-558: The government found it harder to maintain the Thai baht peg at ฿25 to US$ 1. By 2 July 1997, Thailand abandoned its defence of the baht, allowing it to float freely. Indonesia, which had massive foreign reserves and was seen as having a strong economy, responded on 11 July 1997, by widening its exchange rate band from 8 to 12%. Indonesia had taken similar actions in the years leading up to the crisis, in December 1995 from 2 to 3%, in response to

13031-614: The government submitted a rupiah redenomination bill to the House of Representatives, but it has not yet been deliberated. In 2017, Bank Indonesia Governor Agus Martowardojo reiterated the call, saying that if redenomination started immediately, the process could be complete by 2024 or 2025. The current rupiah consists of coins from Rp50 up to Rp1,000 (Rp1 coins officially remain legal tender but are effectively worthless and are not encountered in circulation) and banknotes of Rp1,000 up to Rp100,000. With US$ 1 worth Rp15,107.5 as of 3 May 2023,

13188-404: The government with much-needed reserves, meant that some companies were operating at as low as 20% of capacity, due to lack of needed imported materials. Further foreign-exchange restrictions were introduced over 1953–1954, with April 1953, the foreign-exchange downpayment was increased to 75%, except for raw materials at 50%. Foreign companies and their workers were placed under restrictions as to

13345-450: The gulden , which remained in use until March 1946. The Netherlands authorities and the Indonesian nationalists, who were fighting for independence , both introduced rival currencies in 1946 with the Dutch printing a new gulden, and the Indonesians issuing the first version of the rupiah on 3 October 1946. Between 1946 and 1950 a large number of currencies circulated in Indonesia, with the Japanese gulden still remaining prevalent alongside

13502-1355: The language and established bahasa Indonesia as the national language of the new nation. The term bahasa Indonesia itself had been proposed by Mohammad Tabrani in 1926, and Tabrani had further proposed the term over calling the language Malay language during the First Youth Congress in 1926. Indonesian language (old VOS spelling): Jang dinamakan 'Bahasa Indonesia' jaitoe bahasa Melajoe jang soenggoehpoen pokoknja berasal dari 'Melajoe Riaoe' akan tetapi jang soedah ditambah, dioebah ataoe dikoerangi menoeroet keperloean zaman dan alam baharoe, hingga bahasa itoe laloe moedah dipakai oleh rakjat diseloeroeh Indonesia; pembaharoean bahasa Melajoe hingga menjadi bahasa Indonesia itoe haroes dilakoekan oleh kaoem ahli jang beralam baharoe, ialah alam kebangsaan Indonesia Indonesian (modern EYD spelling): Yang dinamakan 'Bahasa Indonesia' yaitu bahasa Melayu yang sungguhpun pokoknya berasal dari 'Melayu Riau' akan tetapi yang sudah ditambah, diubah atau dikurangi menurut keperluan zaman dan alam baru, hingga bahasa itu lalu mudah dipakai oleh rakyat di seluruh Indonesia; pembaharuan bahasa Melayu hingga menjadi bahasa Indonesia itu harus dilakukan oleh kaum ahli yang beralam baru, ialah alam kebangsaan Indonesia English : "What

13659-412: The language of politics , education , and nation-building in general, Indonesian became one of the few success stories of an indigenous language effectively overtaking that of a country's colonisers to become the de jure and de facto official language. Today, Indonesian continues to function as the language of national identity as the Congress of Indonesian Youth envisioned, and also serves as

13816-432: The language of education, literacy , modernization , and social mobility . Despite still being a second language to most Indonesians, it is unquestionably the language of the Indonesian nation as a whole, as it has had unrivalled success as a factor in nation-building and the strengthening of Indonesian identity. Indonesian is spoken as a mother tongue and national language. Over 200 million people regularly make use of

13973-612: The language was based on Riau Malay, though linguists note that this is not the local dialect of Riau, but the Malaccan dialect that was used in the Riau court . Since its conception in 1928 and its official recognition in the 1945 Constitution, the Indonesian language has been loaded with a nationalist political agenda to unify Indonesia (former Dutch East Indies ). This status has made it relatively open to accommodate influences from other Indonesian ethnic languages, most notably Javanese as

14130-481: The language with the most native speakers (Javanese) nor the language of the former European colonial power (Dutch) was to be adopted. Instead, a local language with far fewer native speakers than the most widely spoken local language was chosen (nevertheless, Malay was the second most widely spoken language in the colony after Javanese, and had many L2 speakers using it for trade, administration, and education). In 1945, when Indonesia declared its independence, Indonesian

14287-470: The language's wordstock. The Japanese agreed to the establishment of the Komisi Bahasa (Language Commission) in October 1942, formally headed by three Japanese but with a number of prominent Indonesian intellectuals playing the major part in its activities. Soewandi, later to be Minister of Education and Culture, was appointed secretary, Alisjahbana was appointed an 'expert secretary' and other members included

14444-417: The language, with Chinese influencing Indonesian during the 15th and 16th centuries due to the spice trade ; Sanskrit , Tamil , Prakrit and Hindi contributing during the flourishing of Hindu and Buddhist kingdoms from the 2nd to the 14th century; followed by Arabic after the spread of Islam in the archipelago in the 13th century. Loanwords from Portuguese were mainly connected with articles that

14601-627: The languages' words for kinship, health, body parts and common animals. Numbers, especially, show remarkable similarities. There are more than 700 local languages in Indonesian islands, such as Javanese , Sundanese , etc. While Malay as the source of Indonesian is the mother tongue of ethnic Malay who lives along the east coast of Sumatra, in the Riau Archipelago, and on the south and west coast of Kalimantan (Borneo). There are several areas, such as Jakarta, Manado, Lesser Sunda islands, and Mollucas which has Malay-based trade languages. Thus,

14758-704: The largest Indonesian banknote is worth about US$ 6.62. Presently, two series of coins are circulating: aluminum, and nickel coins dated between 1999, 2003, and 2010, and a new series of coins featuring Indonesia's national heroes were issued in 2016. These come in denominations of Rp100, Rp200, Rp500, and Rp1,000. Coins in circulation are mostly Rp500 and Rp1,000, whereas the smaller-denominated coins (Rp100 and Rp200) are rarely used, except in shops whose pricing requires them. Currently circulating Indonesian banknotes date from 2000 (Rp1,000), 2001 (Rp5,000), 2004 (Rp20,000 and Rp100,000), 2005 (Rp10,000 and Rp50,000), 2009 (the new denomination of Rp2.000), 2010 (revised version of

14915-481: The largest language by number of speakers in Southeast Asia and one of the most widely spoken languages in the world. Indonesian vocabulary has been influenced by various regional languages such as Javanese , Sundanese , Minangkabau , Balinese , Banjarese , and Buginese , as well as by foreign languages such as Arabic , Dutch , Portuguese , and English . Many borrowed words have been adapted to fit

15072-410: The less common words such as paddy , sago and kapok , all of which were inherited in Indonesian from Malay but borrowed from Malay in English. The phrase "to run amok" comes from the Malay verb amuk (to run out of control, to rage). Indonesian is neither a pidgin nor a creole since its characteristics do not meet any of the criteria for either. It is believed that the Indonesian language

15229-589: The likelihood of the Malay homeland being in western Borneo stretching to the Bruneian coast. A form known as Proto-Malay language was spoken in Borneo at least by 1000 BCE and was, it has been argued, the ancestral language of all subsequent Malayan languages . Its ancestor, Proto-Malayo-Polynesian , a descendant of the Proto-Austronesian language , began to break up by at least 2000 BCE, possibly as

15386-399: The lower rate. Hence, the effective Rp7.6/11.4 exchange rate reverted to Rp3.8. The ending of what amounted to an export tariff severely damaged government revenues, and as of 4 February 1952, the rupiah was officially devalued to Rp11.4, with export tariffs of 15–25% on commodities in which Indonesia was strong. Weaker commodities were not subject to tariffs, and from 1955 were actually given

15543-535: The majority ethnic group, and Dutch as the previous coloniser. Compared to the indigenous dialects of Malay spoken in Sumatra and Malay peninsula or the normative Malaysian standard, the Indonesian language differs profoundly by a large number of Javanese loanwords incorporated into its already-rich vocabulary. As a result, Indonesian has more extensive sources of loanwords , compared to Malaysian Malay. The disparate evolution of Indonesian and Malaysian has led to

15700-465: The majority of the population and that would not divide the nation by favouring one ethnic group, namely the Javanese, over the others. In 1945, Indonesian was already in widespread use; in fact, it had been for roughly a thousand years. Over that long period, Malay, which would later become standardized as Indonesian, was the primary language of commerce and travel . It was also the language used for

15857-458: The mid-front vowel /e/ is sometimes represented with a diacritic as ⟨é⟩ to distinguish it from the mid-central vowel ⟨ê⟩ /ə/. Since 2015, the auxiliary graphemes ⟨é⟩ and ⟨è⟩ are used respectively for phonetic [ e ] and [ ɛ ] in Indonesian, while Standard Malay has rendered both of them as ⟨é⟩. The phonetic realization of the mid vowels / e / and / o / ranges from close-mid ( [e] / [o] ) to open-mid ( [ɛ] / [ɔ] ) allophones . Some analyses set up

16014-414: The more classical School Malay and it was accused of publishing Dutch written with an Indonesian vocabulary. Alisjahbana would no doubt have taken the criticism as a demonstration of his success. To him the language of Pujangga Baru pointed the way to the future, to an elaborated, Westernised language able to express all the concepts of the modern world. As an example, among the many innovations they condemned

16171-486: The multiple exchange-rate system remained in place for the time being. This was followed by the emergence of Suharto , who as of 11 March 1966, acquired executive control of Indonesia. Suharto quickly made economic changes, establishing his " New Order ", with the economic policy set by the Berkeley Mafia , his team of US-educated neoclassical economists. The policy began to be set out in November 1966, following

16328-430: The national language, with varying degrees of proficiency. In a nation that is home to more than 700 native languages and a vast array of ethnic groups, it plays an important unifying and cross-archipelagic role for the country. Use of the national language is abundant in the media, government bodies, schools , universities , workplaces , among members of the upper-class or nobility and also in formal situations, despite

16485-439: The national rupiah in 1964 and 1971, respectively (see Riau rupiah and West Irian rupiah ). A long-running proposal to redenominate the rupiah has yet to receive formal legislative consideration. Since 2010, Bank Indonesia, as the monetary authority of Indonesia, has repeatedly urged the elimination of the final three zeroes of the currency to facilitate transaction handling, saying the move would not affect its value. In 2015,

16642-489: The nearby Aji Pangeran Tumenggung Pranoto Airport located at Samarinda , the neighbouring city of the new capital, as well as Balikpapan 's Sultan Aji Muhammad Sulaiman Sepinggan Airport . To support the two airports serving Nusantara, a new Nusantara Airport will also be built in Penajam . Nusantara is twinned with: Indonesian language Indonesian ( Bahasa Indonesia ; [baˈhasa indoˈnesija] )

16799-408: The need to develop Indonesian so that it could take its place as a fully adequate national language, able to replace Dutch as a means of entry into modern international culture. In 1933, he began the magazine Pujangga Baru (New Writer — Poedjangga Baroe in the original spelling) with co-editors Amir Hamzah and Armijn Pane. The language of Pujangga Baru came in for criticism from those associated with

16956-470: The new capital with neighboring cities such as Samarinda and Balikpapan, forming part of the broader Trans Kalimantan Railway network that will connect the entire Indonesian side of Borneo Island with rail service. A planned toll road spanning 47 km (29 mi) will be built to connect the government central area with the Nusantara Airport and Balikpapan. Nusantara will also be served by

17113-603: The new capital. Central Kalimantan brought pieces of soil from a hill where Tjilik Riwut , a national hero from the province and respected Dayak figure, was said to be meditating. East Kalimantan brought water and soil from Kutai Lama, where the historical Kutai Kartanegara kingdom was found. North Maluku brought a combination of soil and water from four main historical sultanates in Maluku, otherwise known as Maluku Kie Raha, which are Jailolo, Ternate, Tidore, and Bacan. East Nusa Tenggara province brought soil from seven regencies in

17270-449: The new presidential palace in Nusantara, where he planned to spend the final months of his presidency. On 12 August 2024, the first cabinet meeting session was held in Nusantara, marking the beginning of transition of political power from Jakarta to Nusantara. On 3 June 2024 it was announced that Bambang Susantono , head of the Nusantara Capital City Authority , along with his deputy, Dhony Rahajoe, had resigned. Yusuf Wibisono, Director of

17427-434: The period due to lax credit controls, which was channelled towards favoured groups, such as pribumi , as well as corrupt government-linked businesses. Despite the high inflation of the period, the exchange rate, which had essentially been preserved using the country's oil exports, was maintained at Rp415 until 15 November 1978. By 1978, the combination of a fall in oil prices and a decrease in foreign reserves meant that

17584-517: The period from 1978 to 1986, the real exchange rate of the Indonesian rupiah fell by more than 50%, providing significant boosts to the competitiveness of Indonesia's exports. Although the devaluations of 1978, 1983, and 1986 had each successfully boosted the competitiveness of exports, devaluations have a destabilising effect, and the September 1986 devaluation was the last carried out by Indonesia. According to research, despite an official seven-currency exchange basket, empirical evidence suggests that

17741-411: The period), and increasing output (for instance the price of oil rose 250 times when the 1950 prices were abandoned, incentivising new exploration). By 1971, inflation had fallen to just 2%. Despite the liberalisation efforts, Indonesia still had multiple exchange rates. A more realistic exchange rate was finally established of 378 (new) rupiah to US$ 1 as of April 1970. In August 1971, the exchange rate

17898-413: The period. By September 1986, the currency had been allowed to steadily fall to 1,134 rupiah, a rate which had largely maintained purchasing power over the period. Despite this, the currency was devalued 30% on 12 September 1986 to 1,664 rupiah to US$ 1. As in 1983, this had been intended to boost the balance of trade: oil prices, US$ 29 in 1983, fell by 50% in 1986 alone, to below US$ 9 per barrel. Thus, in

18055-616: The phonetic and grammatical rules of Indonesian, enriching the language and reflecting Indonesia's diverse linguistic heritage. Most Indonesians, aside from speaking the national language, are fluent in at least one of the more than 700 indigenous local languages ; examples include Javanese and Sundanese , which are commonly used at home and within the local community. However, most formal education and nearly all national mass media , governance , administration , and judiciary and other forms of communication are conducted in Indonesian. Under Indonesian rule from 1976 to 1999, Indonesian

18212-415: The plan began to evaporate. The rupiah steadily weakened from the middle of November, standing at Rp3,700 per dollar at the end of the month. In December, the crisis turned into a disaster. Much of the Indonesian economy was controlled by relatives of President Suharto, and of the 16 banks to be liquidated, 25% of PT Bank Andromeda was owned by Bambang Trihatmodjo , the second son of Suharto, PT Bank Jakarta

18369-642: The political capital of Indonesia. In addition to building executive offices, buildings that will represent the other two branches of the Trias Politica—legislative and judicial—must also be completed. Prabowo emphasized this in his address at the final session of the Red White Cabinet Retreat in Magelang on 27 October 2024. Prabowo expressed hope that Nusantara could host the 2028 People's Consultative Assembly session, symbolizing

18526-528: The prefix me- is often dropped, although an initial nasal consonant is often retained, as when mengangkat becomes ngangkat (the basic word is angkat ). The suffixes -kan and -i are often replaced by -in . For example, mencarikan becomes nyariin , menuruti becomes nurutin . The latter grammatical aspect is one often closely related to the Indonesian spoken in Jakarta and its surrounding areas. Malay historical linguists agree on

18683-472: The private sector. At the same time, US$ 40 billion will be allocated to saving Jakarta from sinking in the next decade, which has also been widely reported as the fundamental underlying cause for the relocation of the capital. In early September 2021, the bill for capital relocation was completed. On 29 September 2021, the Jokowi administration submitted an omnibus bill for the capital relocation to

18840-462: The project funding from state funds, with the balance coming from domestic and foreign investors. At a conference in Singapore in June 2023, Jokowi tried to reassure investors that the project would continue irrespective of who would win the 2024 Indonesian presidential election , and that Nusantara was a "golden opportunity" for investment. By August 2023, the government had only allocated 20% of

18997-417: The propagation of Islam in the 13th to 17th centuries, as well as the language of instruction used by Portuguese and Dutch missionaries attempting to convert the indigenous people to Christianity . The combination of these factors meant that the language was already known to some degree by most of the population, and it could be more easily adopted as the national language than perhaps any other. Moreover, it

19154-557: The province, while Bengkulu brought soil from the location where Sukarno was exiled. South Kalimantan brought water and soil from former residences of respected ulemas in the province, Zainal Ilmi and Syekh Muhammad Al-Banjari. Southeast Sulawesi presented soil and water from the site of the historical Sultanate of Buton in Baubau . East Java also presented soil from sites of the former Majapahit Empire. Initially, in July 2022, 100,000 workers from across Indonesia were deployed to

19311-436: The proximity of spoken Indonesian (in terms of grammar and vocabulary) to its normative form is noticeably low. This is mostly due to Indonesians combining aspects of their own local languages (e.g., Javanese , Sundanese , and Balinese ) with Indonesian. This results in various vernacular varieties of Indonesian, the very types that a foreigner is most likely to hear upon arriving in any Indonesian city or town. This phenomenon

19468-467: The reaching of agreement with Indonesia's creditors in October 1966 on debt relief and loan restructuring. Economic policies were put in place to require adequate bank reserves, ending subsidies on consumer goods, end import restrictions, and to devalue the rupiah. The 1966–1970 stabilisation program was a great success, resulting in higher economic growth, boosting legal exports (which grew 70% in US$ terms over

19625-405: The restructuring of the banking sector, cancellation of government projects, and supporting some banks with their own liquidity. The SBI rate was reduced three times in September to around 20%. As of 24 September, the exchange rate still lingered at Rp. 2,990 per dollar. The government response to the crisis sent mixed messages, with falling interest rates doing nothing to support confidence in

19782-548: The rupiah against major world currencies was just over twice as high as it was in 1995 (prior to the Asian economic crisis, and free fall of the rupiah), i.e. the rupiah was highly overvalued at this point. By March 1983, the managed float had brought only an 11% fall in three and a half years to Rp702. The continued overvaluation of the rupiah meant that Indonesia was beginning to suffer a trade deficit, as well as falling foreign exchange reserves. The government responded by devaluing

19939-505: The rupiah immediately gained almost 10%, to around Rp3,300 per dollar. Soon after, however, confidence began to fall. The IMF response had only been published in summary form from the government and BI, the choice of the 16 banks being closed appeared arbitrary, and the details of the 34 others subject to special measures were not announced. The deposit guarantee was seen as inadequate, and funds were moved from private to state banks, exchanged for dollars, or transferred offshore, as confidence in

20096-643: The rupiah was controlled by BI against the US$ alone, and indeed since the 1986 devaluation, the currency maintained near-constant purchasing power against the dollar until the 1997 crisis, the steady fall of the rupiah against the dollar essentially representing the difference between Indonesian inflation and US inflation; hence, by June 1997, the rupiah had fallen from its post-evaluation rate of Rp1,664 to Rp2,350, an annualized decline slightly over 3%. The Asian financial crisis of 1997 began in Thailand in May 1997, where

20253-409: The rupiah was devalued 33% to Rp. 625 to US$ 1 on 16 November 1978 (although prices had increased nearly fourfold over the period). The government abandoned the fixed exchange rate, and altered economic policy to a form of a managed float. The exchange rate was published each day. At the point of devaluation (November 1978), the trade-weighted real (local price adjusted) effective exchange rate of

20410-411: The rupiah, and the rupiah continued to be sold, as companies that had been borrowing heavily in dollars had to meet their obligation. By 4 October, the currency had collapsed a further 19%, falling to Rp3,690 per dollar. It had now lost a third of its value, and now a full-blown 'crisis' existed in Indonesia. On 8 October with the rupiah at Rp3,640 per dollar, the government decided to seek the support of

20567-552: The same material basis as the Malaysian standard of Malay and is therefore considered to be a variety of the pluricentric Malay language. However, it does differ from Malaysian Malay in several respects, with differences in pronunciation and vocabulary. These differences are due mainly to the Dutch and Javanese influences on Indonesian. Indonesian was also influenced by the Melayu pasar ( lit.   ' market Malay ' ), which

20724-820: The six United Nations languages, namely English , French , Arabic , Chinese , Russian , and Spanish , as well as four other languages of UNESCO member countries, namely Hindi , Italian , Portuguese , and Indonesian. As regulated by Indonesian state law UU No 24/2009, other than state official speeches and documents between or issued to Indonesian government, Indonesian language is required by law to be used in: However, other languages may be used in dual-language setting to accompany but not to replace Indonesian language in: agreements, information regarding goods / services, scientific papers, information through mass media, geographical names, public signs, road signs, public facilities, banners, and other information of public services in public area. While there are no sanctions of

20881-430: The status of the Indonesian language. The national language is Indonesian. Indonesian functions as a symbol of national identity and pride, and is a lingua franca among the diverse ethnic groups in Indonesia and the speakers of vernacular Malay dialects and Malay creoles. The Indonesian language serves as the national and official language, the language of education, communication, transaction and trade documentation,

21038-527: The three provinces of South, Central, and East Kalimantan which Jokowi visited, given that each met the requirements for a new capital—including being relatively free from earthquakes, tsunamis and volcanoes, as well as allowing for a maritime port. On 23 August 2019, Jokowi formally ratified the plan, as part of a strategy to reduce developmental inequality between Java and other islands in the Indonesian archipelago and to reduce Jakarta's burden as Indonesia's primary hub. Jokowi made an announcement about moving

21195-536: The total funds needed, and investors were reluctant to make up the shortfall because of political uncertainty and Indonesia's record of underinvestment in infrastructure. In November 2023, Jokowi admitted that not a single foreign investor had put money into Nusantara. Deputy for Funding and Investment at the IKN Authority, Agung Wicaksono, said that there were a number of foreign investors who were partners with domestic investors. These included Swissotel , which

21352-576: The two new currencies and various local variants. This situation ended when the federal government, now in complete control following the Dutch recognition of its independence, initiated currency reforms between 1950 and 1951. The rupiah was declared the sole legal currency, with other currencies being exchanged for rupiah at rates which were often unfavourable to the holders. The rupiah has been subject to high inflation for most of its existence (which as an internationally recognised currency should be dated to 1950). Various attempts have been made to maintain

21509-486: The use of Indonesian was allowed since the Volksraad sessions held in July 1938. By the time they tried to counter the spread of Malay by teaching Dutch to the natives, it was too late, and in 1942, the Japanese conquered Indonesia. The Japanese mandated that all official business be conducted in Indonesian and quickly outlawed the use of the Dutch language. Three years later, the Indonesians themselves formally abolished

21666-529: The uses of other languages, in Indonesian court's point of view, any agreements made in Indonesia but not drafted in Indonesian language, is null and void. In any different interpretations in dual-language agreements setting, Indonesian language shall prevail. Indonesian has six vowel phonemes as shown in the table below. In standard Indonesian orthography, the Latin alphabet is used, and five vowels are distinguished: a, i, u, e, o . In materials for learners,

21823-435: The value of the currency, but all were abandoned. In the period from October 1946 to March 1950, Indonesian currency had no international recognition. Its value was determined on the black market. The exchange rate determined upon the international recognition of Indonesia's independence in 1949 was Rp3.8 to US$ 1. Lembaga Alat-Alat Pembayaran Luar Negeri Publication No. 26 on 11 March 1950 (effective 13 March 1950) established

21980-454: The value of the goods. The official Rp11.4 rate, which massively overvalued the rupiah, was a major incentive to black-market traders, and also contributed to anti-Java feeling, given that those producing raw materials on the large material-rich outer islands were not receiving fair value from their goods due to the exchange rate, diverting funds to the government in Java. The black-market rate at

22137-565: The wildlife. In March 2022, the Ministry again organized a design contest for four structures, namely the vice-presidential palace, the legislatures' office complex, the judiciary's office complex, and a complex set for public worship next to Lake Pancasila. Following the inauguration of Bambang Susantono as Head of the Authority, provinces across the country sent symbolic quantities of soil and water from historically or culturally significant sites in their respective provinces to be part of

22294-422: The word bahasa only means language. For example, French language is translated as bahasa Prancis , and the same applies to other languages, such as bahasa Inggris (English), bahasa Jepang (Japanese), bahasa Arab (Arabic), bahasa Italia (Italian), and so on. Indonesians generally may not recognize the name Bahasa alone when it refers to their national language. Standard Indonesian

22451-574: Was appointed as the Republic of Indonesia Special Presidential Envoy for the International Cooperation on Nusantara. The Capital City Authority announced that Nusantara would have special form of local governance and the administrative division of Nusantara would be different from other regions in Indonesia. To achieve the goal of having 80% of transport supported by non-private means, a comprehensive public transportation network

22608-433: Was at Rp2,436 to one dollar on 11 July. It fell to Rp2,663 by 14 August and Rp2,955 by 15 August – a 122% fall. Government debt (Bank Indonesia Certificates or SBI) rose from 12% to 30%, and overnight call rates reached 81% (per annum). At this stage, the crisis was a limited one; while the currency had fallen, the extent of the fall did not appear catastrophic. The government announced its response in September, calling for

22765-403: Was designated as the official language of Timor Leste . It has the status of a working language under the country's constitution along with English . In November 2023, the Indonesian language was recognized as one of the official languages of the UNESCO General Conference. The term Indonesian is primarily associated with the national standard dialect ( bahasa baku ). However, in

22922-603: Was devalued slightly, to Rp415 to US$ 1. The exchange rate of 415 rupiah to the US dollar, which had been established in August 1971, was maintained by government intervention in the currency market, buying and selling currency as needed. Despite the fixed exchange rate, the failure of the rice crop in 1972, exacerbated by high world rice prices and underordering by the government rice cartel, along with rising commodity prices, caused inflation to rise above 20% in 1972, peaking at over 40% in 1974. The M1 money supply increased sharply over

23079-436: Was formally declared the national language, despite being the native language of only about 5% of the population. In contrast, Javanese and Sundanese were the mother tongues of 42–48% and 15% respectively. The combination of nationalistic , political , and practical concerns ultimately led to the successful adoption of Indonesian as a national language. In 1945, Javanese was easily the most prominent language in Indonesia. It

23236-605: Was introduced in closed syllables under the influence of Javanese and Jakarta Malay, but Dutch borrowings made it more acceptable. Although Alisjahbana argued against it, insisting on writing ⟨a⟩ instead of an ⟨ê⟩ in final syllables such as koda (vs kodə 'code') and nasionalisma (vs nasionalismə 'nationalism'), he was unsuccessful. This spelling convention was instead survived in Balinese orthography. Indonesian has four diphthong phonemes only in open syllables. They are: Some analyses assume that these diphthongs are actually

23393-505: Was officially announced on 23 December 2019. The government undertook to collaborate on the design of the winning team with that of the second- and third-placed teams, as well as international designers, to sharpen the final design process up to 2020. Designers from at least three countries, namely China, Japan, and the United States, had offered to be involved in the design. The name, which had been suggested about three months earlier,

23550-456: Was one of the means to achieve independence, but it is opened to receive vocabulary from other foreign languages aside from Malay that it has made contact with since the colonialism era, such as Dutch, English and Arabic among others, as the loan words keep increasing each year. In 2020, Indonesian had 71.9 million native speakers and 176.5 million second-language speakers, who speak it alongside their local mother tongue , giving

23707-441: Was part-owned by Probosutedjo , the President's half-brother and 8% of PT Bank Industri was owned by the President's second daughter, Siti Hediati Prabowo . The President and his family were opposed to the reforms, with Bambang Trihatmodjo beginning legal action against the government to keep his bank, particularly as directors of the insolvent banks were, if culpable, to be added to a Disgraced person's List, ineligible to work in

23864-409: Was ravaging the economy: exports had dropped 24% in 1959–1965, real GDP growth was below population growth, and the foreign exchange reserves had fallen by over 90%. Inflation in 1965 was 635%. In late 1965, the 'new rupiah' was brought in, at 1 new rupiah to 1,000 old rupiah. The official exchange rate was set initially at Rp0.25 to US$ 1 as of 13 December 1965, a rate that did not represent reality, as

24021-400: Was still no notion of Indonesian language. Sutan Takdir Alisjahbana was a great promoter of the use and development of Indonesian and he was greatly exaggerating the decline of Dutch. Higher education was still in Dutch and many educated Indonesians were writing and speaking in Dutch in many situations (and were still doing so well after independence was achieved). He believed passionately in

24178-440: Was the language of the sultanate of Brunei and of future Malaysia , on which some Indonesian nationalists had claims . Over the first 53 years of Indonesian independence , the country's first two presidents, Sukarno and Suharto constantly nurtured the sense of national unity embodied by Indonesian, and the language remains an essential component of Indonesian identity. Through a language planning program that made Indonesian

24335-407: Was the lingua franca of the archipelago in colonial times, and thus indirectly by other spoken languages of the islands. Malaysian Malay claims to be closer to the classical Malay of earlier centuries, even though modern Malaysian has been heavily influenced, in lexicon as well as in syntax, by English. The question of whether High Malay (Court Malay) or Low Malay (Bazaar Malay) was the true parent of

24492-445: Was the native language of nearly half the population, the primary language of politics and economics , and the language of courtly , religious , and literary tradition. What it lacked, however, was the ability to unite the diverse Indonesian population as a whole. With thousands of islands and hundreds of different languages, the newly independent country of Indonesia had to find a national language that could realistically be spoken by

24649-649: Was use of the word bisa instead of dapat for 'can'. In Malay bisa meant only 'poison from an animal's bite' and the increasing use of Javanese bisa in the new meaning they regarded as one of the many threats to the language's purity. Unlike more traditional intellectuals, he did not look to Classical Malay and the past. For him, Indonesian was a new concept; a new beginning was needed and he looked to Western civilisation, with its dynamic society of individuals freed from traditional fetters, as his inspiration. The prohibition on use of Dutch led to an expansion of Indonesian language newspapers and pressure on them to increase

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