President Joko “Jokowi” Widodo has officially extended the term of office of the Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (Satgas BLBI) through a Presidential Decree (Keppres). This decision is not surprising considering that the Satgas, even though it has worked well, has not succeeded in achieving the specified target within the specified time period. Of the more than Rp110 trillion in receivables that had to be settled, the Satgas only managed to “collect” around Rp30 trillion. With additional time until the end of 2024, can the Satgas improve its performance?To subscribe please click here