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Indonesia: Government provided a capital injection of IDR 2.9 trillion to PT Tuban Petrochemical Industries

Description

On 19 September 2019, Indonesia issued Government Regulation No. 66/2019, injecting IDR 2.9 trillion (USD 205.5 million) in the form of state equity participation to PT Tuban Petrochemical Industries....

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Sep 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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