REPUBLIKA.CO.ID, JAKARTA -- Rp1 billion has been allocated for the upcoming presidential inauguration ceremony, the Speaker of the People's Consultative Assembly (MPR), Zulkifli Hasan, said here on Saturday.

"The budget for the inauguration has been set at Rp1 billion. It should be as economic as possible," the MPR speaker stated.

The budget set for the inauguration of Joko Widodo as Indonesia's seventh president on October 20 is considered economical, given the fact that 1,200 people, including 690 MPR members and representatives of foreign nations, have been invited.

"Spending Rp1 billion on an event with 1,200 invitees is reasonable, I think. It's neither too lavish, nor too cheap," he remarked.

Hasan presented personal invitations for the presidential inauguration ceremony to dignitaries such as President Susilo Bambang Yudhoyono, Vice President Boediono and President-elect Joko Widodo, as well as former presidents of the country, Megawati Soekarnoputri and B. J. Habibie.

The speaker also met with the Chairman of the Gerindra Party, Prabowo Subianto, PAN Chairman Hatta Rajasa, Golkar Party Chairman Aburizal Bakrie, and Nasdem Chairman Surya Paloh to invite them to the event.

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