Danantara must be credible agency to boost national economy: Minister
Energy and Mineral Resources Minister Bahlil Lahadalia emphasized that Indonesia's sovereign wealth fund Danantara must be managed professionally and credibly to support its economic growth. Lahadalia made this statement in response to journalists' questions about Danantara's top management, which includes experienced figures, including Indonesia's sixth President, Susilo Bambang Yudhoyono, and the seventh, Joko Widodo. “Danantara is a financial institution owned by the state. It is like Singapore's Temasek. It is an investment management agency that must be run professionally and credibly,” he noted He stressed that Danantara's credibility is well maintained, as evidenced by President Prabowo Subianto's decision not to include placeholder positions in the agency's management structure. The minister affirmed that this reflects the government's commitment to ensuring Danantara is managed by individuals with reputation, integrity, and capability. “...