Reported about 11 hours ago
Indonesia is preparing to launch its Danantara Investment Fund, a multibillion-dollar initiative aimed at increasing economic growth and enhancing control over state-owned enterprises. Set to be unveiled by President Prabowo Subianto, the fund seeks to address bureaucratic inefficiencies and promote investment in sectors such as renewable energy and food production. However, concerns about governance, legal oversight, and potential for political interference remain as the country aims to restore its economy to levels last seen in the 1990s.
Source: YAHOO