Anomalous Sovereign Wealth Fund
Without transparency, investment decisions are prone to manipulation. The compliance of businesspeople with the code of ethics is another determining factor.
Tempo
October 26, 2020
GOVERNMENT'S initiative to establish a sovereign wealth fund seems rather like paddling upstream. At a time when many investors are lying low as a result of global economic uncertainty, the plan to establish a new body as mandated by the Job Creation Law could become a boomerang.
One factor in the spotlight is the amount of capital that the government will have to provide. As well as injecting Rp15 trillion of state eqity participation, the gover
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