Announcement
15 Jul 2020
In July 2020, Indonesia announced to provide a capital injection of IDR 8.5 T (USD 583 million) to Garuda Indonesia to support its operationd during the COVID-19 pandemic.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
15 Jul 2020
Revocation date:
No revocation date
Updated: 15 Jul 2020
Equity stake
In force
On 15 July 2020, Indonesia announced a capital injection of IDR 8.5 trillion (USD 583 million) into Garuda Indonesia in the form of a mandatory convertible bond (MCB). The MCB will require conversion ...
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