Global Trade Alert
Global Trade Alert

Indonesia: Government provided a capital injection of IDR 9.3 trillion to PT Aviasi Pariwisata Indonesia

Announcement

27 Dec 2023

In December 2023, the government of Indonesia provided a capital injection of IDR 798.81 billion (USD 51.75 million) to PT Aviasi Pariwisata Indonesia (API) in the form of state equity participation to improve the company's capital structure and increase its business capacity. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

27 Dec 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 27 December 2023, the government of Indonesia issued Regulation No.57/2023, providing a capital injection of IDR 798.81 billion (USD 51.75 million) to PT Aviasi Pariwisata Indonesia (API) in the fo...

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