JAKARTA - President Prabowo Subianto reminded Danantara to manage state assets carefully. He said the sovereign fund agency manages around 1,040 SOEs with a value of close to US$1 trillion or around Rp17 trillion.
Prabowo made the statement while attending a shrimp harvest in Kebumen, Central Java, Saturday, May 23.
"What is managed is not irresponsible. There are one thousand four hundred SOEs," said Prabowo.
The President explained that Danantara is an abbreviation of Daya Anagata Nusantara. Daya means energy or strength, while Anagata means the future.
According to Prabowo, Danantara manages state money and assets so that they do not leak and remain useful for future generations.
"So it must be taken care of properly. Don't leak it. Don't squander the money, the people's money," he said.
Prabowo said that the value of assets managed by Danantara was very large.
"The value of almost all of it is one trillion American dollars. Seventeen thousand trillion," said the President.
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