Global Trade Alert
Global Trade Alert

Indonesia: Provided a capital injection of IDR 6.9 trillion to PT KAI

Announcement

27 Dec 2021

In December 2021, the government of Indonesia injected IDR 6.9 trillion (USD 486.07 million) to PT Kereta Api Nasional (KAI) in the form of state equity participation to cover the shortfall in costs for the company's operation.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Dec 2021

Revocation date:

No revocation date

Updated: 27 Dec 2021
Capital injection and equity stakes (including bailouts) In force

On 27 December 2021, the government of Indonesia issued Government Regulation No.119/2021, injecting IDR 6.9 trillion (USD 486.07 million) to PT Kereta Api Nasional (KAI) in the form of state ...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.