Indonesia Announces Its Decision On A New Capital City

President Joko Widodo announced the relocation of Indonesia's capital to East Kalimantan on Borneo, citing Jakarta's congestion and sinking issues. Environmentalists express concerns about potential harm to the rainforest and native species. The move requires approval from Indonesian lawmakers and is estimated to cost $34 billion.

What are some of the issues Jakarta faces as one of the fastest sinking cities?

What is the estimated cost of relocating the capital according to CNN Indonesia?