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Indonesia: Provided a state equity participation of IDR 45 trillion to LPII to support local businesses

Description

On 29 October 2021, Indonesia issued Government Regulation No.111/2021, providing a capital injection of IDR 45 trillion (USD 3.16 billion) in the form of state equity participation to Lembaga Pengelo...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Oct 2021

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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