Sri Mulyani Calls Capital Injection For 6 BUMNs Already Disbursed, PLN Receives IDR 5 Trillion

JAKARTA - Finance Minister Sri Mulyani said that currently the government's capital injection in the form of State Capital Participation (PMN) for six State-Owned Enterprises (BUMN) has been disbursed. This capital injection is an effort to support the National Economic Recovery (PEN) program.

The details are PT Sarana Multigriya Finansial (SMF), the Indonesian Export Financing Agency (LPEI), PT Geo Dipa Energi. Then, PT Permodalan Nasional Madani (PNM), the State Electricity Company (PLN), and PT Hutama Karya.

"For PT SMF, in this case, Rp1.75 trillion, it was published last August. Then for the LPEI, Rp. 5 trillion PMN was also published in mid-August," he said in a video conference, Tuesday, October 27.

This state treasurer said, capital injection for PT SMF to support the Housing Finance Liquidity Facility (FLPP) program. Sri Mulyani hopes that PT SMF can create demand in the housing sector, especially for low-income people.

Furthermore, Geo Dipa Energi received IDR 700 billion on October 15, 2020 in Government Regulation Number 52 of 2020. Meanwhile, PT PNM received IDR 1 trillion at the end of July 2020 according to Government Regulation Number 31 of 2020. PLN was also injected IDR 5 trillion with PP Number 37 of 2020. Finally , Hutama Karya was awarded IDR 3.5 trillion on July 29, 2002 through Government Regulation number 32 of 2020.

"These various injections have flowed into the real sector, that's why several national strategic projects have begun to be implemented again for toll road sections in Sumatra. Then PNM is for the Mekaar micro small business program, we also look at PLN to finance rural electricity. in this case we want to move the real sector, "he said.

Sri Mulyani said that the housing finance liquidity facility program that is being promoted by SMF has also started to generate demand for housing. Especially for low-income people.

Meanwhile, Geo Dipa Energi, said Sri, has realized PMN to develop the Dieng 2 and Patuh 2 geothermal plants. Thus, everything will be attractive in terms of loan leverage from the Asian Development Bank (ADB).