maaf email atau password anda salah

Jokowi’s Debt Legacy Burden on State-Owned Enterprises

Monday, October 21, 2024

The Joko Widodo administration leaves a heavy burden for state-owned enterprises. Many projects result in big debts.

arsip tempo : 176828093831.

Aerial photo of vehicles passing on Pejagan-Pemalang Toll Road, Adiwerna, Tegal Regency, Central Java, Friday, May 6, 2022. ANTARA/Oky Lukmansyah. tempo : 176828093831.

AS the third quarter of this year comes to a close, Waskita Karya reports increasingly mounting losses. The state-owned construction company recorded a comprehensive loss of Rp3.614 trillion (around US$233.16 million) as of September. This figure is higher than the comprehensive loss of Rp3.235 trillion (US$208.7 million) reported in September 2023.

Such losses, according to Waskita Karya’s Chief Executive Officer (CEO) Muhammad Hanug

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 750.000/12 months

  • *Flexible payment methods
  • *Unlimited access to Tempo Plus & Tempo Magz

Rp 386.280/6 months

  • *Auto-renews every 6 months
  • *Cancel at anytime
  • *Unlimited access to Tempo Plus & Tempo Magz

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.

More Articles

More exclusive contents

  • January 12, 2026

  • January 5, 2026

  • December 29, 2025

  • December 22, 2025

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.

Login Subscribe