The Indonesian government is preparing US$5 billion in capital for the nation's sovereign wealth fund. - AFP
JAKARTA (The Jakarta Post/ANN): Indonesia will launch its own sovereign wealth fund in January next year as the government seeks to attract more investment and support the economy amid the coronavirus pandemic.
Deputy Minister of State-Owned Enterprises (SOEs) Kartika Wirjoatmodjo said on Tuesday (Oct 20) the government would soon establish the fund to handle government investments.
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