VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

photo : indonesiainvestment

The government of Indonesia disbursed funds amounting to Rp52.57 trillion to 12 state-owned enterprises (SOEs) in a bid to expedite the national economic recovery (PEN) program to better cope with pressure from the Covid-19 pandemic. As quoted by Antara News Agency, after a limited meeting chaired by President Joko Widodo from the State Palace in Jakarta, Minister of Finance, Sri Mulyani Indrawati explained that financial support will be offered to 12 SOEs through various schemes, such as payment of subsidies, distribution of social assistance, and state capital injections (PMN). She also remarked that the 12 SOEs were selected based on the consideration that they have a major influence on the lives of people//ANT