Indonesia Launches $20 Billion Sovereign Wealth Fund Amid Budget Cuts
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LN24 / 10 months
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Indonesia’s President Prabowo Subianto has signed a regulation to officially establish the country’s new sovereign wealth fund, with an initial value of $20 billion. This move is a key part of the president’s economic strategy, designed to stimulate long-term growth and attract global investments to the country. The newly created Investment Management Agency will oversee […]