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Myanmar: Joint Call for a Global Arms Embargo

Myanmar: Joint Call for a Global Arms Embargo
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Indonesia's modest new sovereign wealth fund

Indonesia’s modest new sovereign wealth fund
12 February 2021
Author: Kyunghoon Kim, KCL
Indonesia is establishing a sovereign wealth fund (SWF) in the coming weeks. While details are still lacking, it seems that the entity tentatively referred to as Lembaga Pengelola Investasi (Investment Management Authority, or LPI) will not look like an ordinary SWF.
Rather than relying on commodity export earnings or balance-of-payments surpluses, the government will fund LPI through the state budget and assets. Jakarta will initially inject US$1 billion, soon followed by up to US$5 billion.
Unlike many SWFs, which generally prioritise their own financial goals, LPI’s major objective will be in stimulating national development. The fund could play an important role in relieving debt-ridden SOEs from financial pressure by acquiring their infrastructure assets. This strategy will provide room for SOEs to further expand productive investment. ....

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Punya Vaksin Sendiri, Cina Juga Pesan Vaksin BioNTech Seharga Rp 8,5 Triliun | DUNIA: Informasi terkini dari berbagai penjuru dunia | DW

Punya Vaksin Sendiri, Cina Juga Pesan Vaksin BioNTech Seharga Rp 8,5 Triliun | DUNIA: Informasi terkini dari berbagai penjuru dunia | DW
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