By Vincent Lingga

The Jakarta Post-Oct 26

Indonesia will soon join the prestigious club of the few Asian countries that have established sovereign wealth funds (SWF). The newly passed Job Creation Law stipulates the establishment of an Indonesian SWF to be called the Indonesia Investment Authority (LPI) with an initial capital of Rp 15 trillion (US$1 billion) derived from the state budget.

Read more at: https://www.thejakartapost.com/academia/2020/10/26/indonesias-planned-5b-sovereign-wealth-fund-raises-questions.html