Waiting for Result
The government’s promise to attract massive investment through the Indonesia Investment Authority has not been realized. A considerable danger begins to emerge before our eyes.
THE concerns arising from the establishment of the Indonesia Investment Authority (INA) are looking increasingly real. The agency, which it was claimed would be Indonesia’s first sovereign wealth fund (SWF), is little more than an agent for marketing government projects. Without transparent and accountable management, the scheme could turn into a boomerang in the future.
Since the beginning, there was something amiss with the governme...
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