JAKARTA, March 14 (Xinhua) -- The Indonesian government aims to increase research funding for universities to 1 percent of the country's gross domestic product (GDP), a significant rise from the 0.3 percent allocated in 2024, Minister of Higher Education, Science, and Technology Brian Yuliarto said on Thursday.
"The President is committed to improving the welfare of lecturers, including through an actual increase in research funding," Yuliarto said at the State Palace in Jakarta, stressing that expanding research investment is key to revitalizing Indonesia's economy and industry.
While acknowledging that achieving the 1 percent target cannot happen immediately, Yuliarto emphasized the government's ongoing efforts to strengthen research and innovation in universities.
His ministry has allocated 2 trillion rupiahs (around 122.1 million U.S. dollars) for research, sourced from the state budget, the Endowment Fund for Education, and industry partnerships.
"This marks a significant milestone in our collective efforts to transform universities into hubs of innovation and talent development," he said. ■