The Ministry of State-Owned Enterprises (BUMN) plan to inject more capital (PMN) to three BUMNs using financing reserves for the 2022 State Budget (APBN), the plan was conveyed after the House of Representatives agreed to the MInistry’s proposal on provision of PMN to at least 10 BUMNs in 2023 earlier this year. The allocated amount of PMN to be granted is far more if compared to the 2022 PMN approved by the House of Representatives in 2021, but the plan is still changing.

To subscribe please click here