March 18, 2021


INDONESIA: Why the sovereign wealth fund could punch well above its weight

BY Bob Herrera-Lim

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( 5 mins) The new sovereign fund will have a modest capitalization initially, but its investment priorities will signal the government’s priorities. Whether the fund will evolve into a politically-directed entity or an effective catalyst for foreign and private investment is the main question. Aside from President Joko Widodo and Finance Minister Sri Mulyani, the key policymaker to […]

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