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Indonesia: Government provided an IDR 12.8 trillion capital Injection to PT Garuda Indonesia Tbk

Description

On 31 December 2022, the government of Indonesia issued Government Regulation No.63/2022, providing a capital injection of IDR 12.8 trillion (USD 823.23 million) to PT Garuda Indonesia Tbk in the form...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2022

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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