Monday, November 7, 2016

Government will inject capital Rp47.15 trillion for state companies in 2017

Photo by FInance Ministry

JAKARTA (TheInsiderStories) - Indonesia parliament give an approval on capital injection for state companies under Finance Ministry and other institution Rp47.15 trillion to support government program in 2017.

Government will inject capital to PT Sarana Multi Infrastruktur Rp 2 trillion, PT Penjamin Infrastruktur Indonesia Rp 1 trillion, and PT Sarana Multigriya Financial Rp 1 trillion. Then the Indonesian Export Financing Agency Rp 3.2 trillion, Public Service Agency (BLU) for Management Center and Housing Financing Rp9.7 trillion, and BLU Management Revolving Fund of Cooperatives and SMEs Ministry of Rp 500 billion.

In addition, the BLU Enterprise Fund Management Institution of Marine and Fisheries Ministry of Marine and Fisheries Rp 500 billion, BLU Institute of Rp 21.65 trillion, BLU Asset Management and Fund Management Education Rp 2.5 billion. There is also a capital injection for BPJS Kesehatan Rp 3.6 trillion and PT Pusat Investasi Pemerintah Rp 1.5 trillion.

The House Commission XI also agreed on the disbursement of funds for financing reserve funds in anticipation of payments to people affected by the mud that has not been paid in full by PT Lapindo Jaya Minarak this year. Changes In Budget 2016, the government allocated Rp 54.34 trillion.