Bisnis, JAKARTA — The government is drafting the 2025 state revenue and expenditure budget (APBN) to fortify the capital and expenditure structure of several state-owned enterprises (SOEs). At least 16 SOEs are slated to receive state capital participation.
Jumbo PMN Allocation during Jokowi’s Term
Under President Joko ‘Jokowi’ Widodo's administration, there has been notable generosity in allocating state capital participation (PMN) to state-owned enterprises (SOE), aimed at bolstering development initiatives.
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