Posted inIndonesia

Biden win raises doubts about Indonesia wealth fund

JAKARTA – US President-elect Joe Biden’s nail-biting election victory has injected new uncertainty into Indonesia’s ambitious plan to ignore the economic fallout from the Covid-19 pandemic and launch its first-ever US$5 billion sovereign wealth fund early next year.  Government sources say Coordinating Minister for Maritime Affairs and Investment Luhut Panjaitan is reconsidering next week’s scheduled […]