Indonesia injects Rp37 trillion into state enterprises, agencies to boost recovery


Illustration of make-believe rupiah bills with a coronavirus theme. - (JP/Mecca Yumna NP)

JAKARTA (The Jakarta Post/ANN): The government has disbursed a total of Rp 37.07 trillion (US$2.63 billion) in state capital injections (PMN) to four state-owned enterprises (SOE) and two state agencies in a bid to help revive the virus-battered economy.

President Joko “Jokowi” Widodo signed several regulations in December to officially disburse the funds.

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Indonesia , economy , funds , covid-19 , state enterprises , SOEs

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