Jokowi’s Legacy of Debt May Curb Danantara’s Investment Ambition
The financial strain facing some of Indonesia’s biggest state-owned construction firms, rooted in former President Joko Widodo’s infrastructure drive, risks forcing current leader Prabowo Subianto’s sovereign wealth fund Danantara to spend more to overhaul them, potentially limiting its ability to pursue new investments.
This is a summary aggregated from Bloomberg Markets. Read the complete article on the original site:
Read full article at Bloomberg Markets
