Decks cleared for setting up Indonesia's sovereign wealth fund

Decks cleared for setting up Indonesia's sovereign wealth fund

Photo: Nick Agus Arya/Unsplash

Indonesia’s parliament has cleared the decks for establishing a sovereign wealth fund (SWF) — the Investment Management Institution (LPI). The creation of an SWF was part of the omnibus bill on job creation cleared by parliament on Monday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter