Erick Thohir Pede's IDR 90 Trillion Dividend Target Will Be Achieved

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir admitted that he is sure that the target for dividends of state-owned companies of Rp90 trillion will be achieved in the remaining two months of this year.

For your information, the government and the Indonesian House of Representatives set a target for BUMN dividend payments in 2025 for the performance of the 2024 financial year to reach Rp90 trillion. This figure is up from the previous Rp85 trillion.

"Yesterday the dividend was set at IDR 90 trillion. If we look at this book, it's only 2 to 3 months left, God willing, it will be achieved," Erick said at a press conference at the Ministry of SOEs, Jakarta, Friday, November 1.

Erick said that the Ministry of SOEs is currently consolidating all state-owned companies to improve the BUMN work program.

Furthermore, Erick revealed that he would hold a meeting with SOE leaders to communicate the targets to be achieved under President Prabowo Subianto's administration.

"We will meet the president directors in the next few weeks to make sure it is in accordance with the program requested by Mr. President Prabowo Subianto," he explained.

In addition, continued Erick, the Ministry of SOEs is also coordinating with cross-ministerial ministries to improve policies so that the programs implemented by SOEs can have an optimal impact on the national economy.

Erick revealed several priority programs that are currently being run by SOEs, including financing by Himbara Bank and Mekaar PMN which serve 21.2 million customers. Then, there is a national strategic project (PSN) for the Sanur Special Economic Zone (KEK) which will be inaugurated in March 2025, as well as the Trans Sumatra Toll Road (JTTS) project.

According to Erick, his party will also coordinate with the DPR RI as a BUMN partner and also the Coordinating Minister for Economic Affairs Airlangga Hartarto in compiling a roadmap (blueprint) for SOEs in the next five years to consolidate work programs and policies related to SOEs.

That way, continued Erick, it is hoped that SOEs can perform more well and provide deposits to the state treasury as targeted by the government.

"We will have RDP (a hearing with the DPR RI) to see the blueprint in the future, and also the most important thing is to help the state's income from taxes and from dividends," he said.