Jakarta – Minister of Finance Sri Mulyani Indrawati proposed additional state capital participation (PMN) for BUMN in 2023 amounting to IDR 4.514 trillion. The PMN comes from investment financing reserves. In more detail, this PMN is for PT Bahana Pembinaan Usaha Indonesia (Persero) or BPUI amounting to IDR 3 trillion. The PMN is to strengthen … Read more
State-Owned Enterprises (SOEs) in Indonesia have been criticized for their inability to utilize State Equity Participation (PMN) funds allocated to them for infrastructure development projects. According to a report by the Audit Board Audit Agency (CPC), 13 SOEs were unable to utilize the PMN funds allocated to them between 2015 and 2016. The total value … Read more
Jakarta – The Ministry of Finance (Kemenkeu) postponed the state equity participation (PMN) of PT Clairvoyant Karya (Persero) Tbk. The capital injection should be given in 2022. The PMN delay for Waskita Karya was said by the Director General of State Assets of the Ministry of Finance Rionald Silaban. The delay will be made until … Read more
Saturday 24th December 2022 – 11:37am WIB LIVE business – President Director Garuda IndonesiaIrfan Setiaputra confirmed that the injection of government-provided funds into Garuda Indonesia was not to pay off debts. He stressed that participation in state capital (PM extension) will be used to support the acceleration of performance recovery, especially in the line of … Read more
Jakarta – The government officially injects additional state holdings (PMN) into PT’s share capital Garuda Indonesia Tbk (GIAA) of IDR 7.5 trillion. This matter is indicated in the Government Regulation (PP) number 43 of 2022. The PP explains that these funds are from the State Budget of Income and Expenditure (APBN) for FY 2022, as … Read more
TEMPO.CO, Jakarta – President Joko Widodo or Jokowi formally authorized the injection of point out money in the sort of a participation in the point out money (PMN) of 7.5 trillion IDR for each PT Garuda Indonesia (They dropped) Tbk. This cash injection was accredited by Jokowi after the condition airline managed to evade the … Read more
Jakarta – SOE Minister Erick Thohir has been outspoken about the injection of State Equity Participation (PMN) of Rp 4.1 trillion for PT KAI (Persero). The PMN for PT KAI was protested by several factions of Commission VI. The PKS faction unanimously disagreed and asked the PMN for PT KAI to be postponed. Meanwhile the … Read more
/data/photo/2021/12/13/61b749611a8cf.jpg?fit=%2C&ssl=1)
KOMPAS.com – Minister of State-Owned Enterprises (BUMN) Erick Thohir together with the Commission VI Working Committee (Panja) of the House of Representatives agreed to save Garuda Indonesia from the brink of bankruptcy. In the agreement, Commission VI of the DPR RI approved the plan to provide state capital participation (PMN) of the central government’s state … Read more
Jakarta, CNBC Indonesia – President Joko Widodo (Jokowi) gave several directions to SOE Minister Erick Thohir. One of the directives is not to pamper ailing SOEs with state capital participation (PMN). Jokowi said that since seven years ago, he had instructed to merge, consolidate and reorganize SOEs, which at that time were considered too many. … Read more
Jakarta, CNBC Indonesia – The plan to strengthen capital for two state-owned banks PT Bank Negara Indonesia (Persero) Tbk (BBNI) and PT Bank Tabungan Negara (Persero) Tbk (BBTN) worth a total of Rp 5.48 trillion has been approved by Commission VI of the DPR RI. This state injection fund will be allocated in the State … Read more