Luhut Asks Finance Minister for IDR 50 Trillion Injection into INA

Jakarta, CNN Indonesia – Chairman of the National Economic Council (DEN), Luhut Binsar Pandjaitan, has asked the Minister of Finance, Purbaya Yudhi Sadewa, to inject IDR 50 trillion in funds into the Indonesia Investment Authority (INA).

Luhut believes INA can effectively collaborate with Danantara. Danantara manages state-owned enterprise (BUMN) dividends and invests independently, while INA is expected to receive regular state capital injections annually.

“There’s something I want to discuss with the Minister of Finance (Purbaya), but I think he already knows – it’s about INA. INA is our sovereign wealth fund,” he said at the 1 Year of the Prabowo-Gibran Government: Optimism on 8% Economic Growth event at the JS Luwansa Hotel, South Jakarta, on Thursday (October 16).