Announcement
31 Dec 2022
In December 2022, the government of Indonesia provided a capital injection of IDR 12.8 trillion (USD 823.23 million) to PT Garuda Indonesia Tbk in the form of state equity participation to restructure the company's capital and save the company from bankruptcy.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
31 Dec 2022
Revocation date:
No revocation date
Updated: 31 Dec 2022
Capital injection and equity stakes (including bailouts)
In force
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 ...
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