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Prabowo’s Mission to Save Sritex

Monday, November 4, 2024

Prabowo Subianto orders four ministers to rescue the bankrupt textile company Sritex. A potential bailout from the state is on the table.

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Illustration. TEMPO/Alvin Siregar. tempo : 176562325378.

THE arrival of President Prabowo Subianto’s envoy disrupted the atmosphere at the Red and White Cabinet retreat at the Military Academy complex in Magelang, Central Java, on Friday morning, October 25, 2024. The envoy entered the tent where ministers, deputy ministers, agency heads, special envoys, and the President’s special staff were listening to presentations on state governance and anti-corruption efforts. The envoy then cal

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Ghoida Rahmah

Oyuk Ivani Siagian (Jakarta) and Septia Ryanthie (Solo) contributed to this report. 
Prabowo Subianto Finance Ministry Industry Ministry Sritex Textile Industry bankruptcy state-owned enterprises Manpower Ministry
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