Global Trade Alert
Global Trade Alert

Indonesia: Government provided an IDR 3.37 trillion capital injection to PT Pertamina

Announcement

03 Oct 2023

In October 2023, the government of Indonesia injected IDR 3.37 trillion (USD 216.8 million) in the form of state equity participation to PT Pertamina to improve the company's capital and business capacities.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

03 Oct 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 3 October 2023, the government of Indonesia issued Regulation No. 48/2023, injecting IDR 3.37 trillion (USD 216.8 million) in the form of state equity participation to PT Pertamina. According to t...

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