Global Trade Alert
Global Trade Alert

Indonesia: Provided equity investment of IDR 1.5 trillion to PT Permodalan Nasional Madani

Announcement

02 Nov 2020

In November 2020, Indonesia injected IDR 1.5 trillion (USD 106.6 million) in the form of state equity participation to PT Permodalan Nasional Madani to help the company's problem on the short of liquidity due to 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

11 Nov 2020

Revocation date:

No revocation date

Updated: 02 Nov 2020
Capital injection and equity stakes (including bailouts) In force

On 11 November 2020, Indonesia issued Government Regulation No. 63/2020 to inject IDR 1.5 trillion (USD 106.6 million) in the form of state equity participation to PT Permodalan Nasional ...

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