Legitimate! House of Representatives Agrees With Sri Mulyani To Inject PMN Of IDR 67 Trillion For 8 SOEs

Chairman of the Indonesian House of Representatives Commission XI Dito Ganindut (Photo: Screenshot of the DPR RI Youtube)

JAKARTA - Indonesian House of Representatives Commission XI has approved a plan for state capital participation (PMN) of IDR 67.2 trillion to eight SOEs and institutions for the 2022 period.

Chairman of the House of Representatives Commission XI, Dito Ganinduto, said that this decision was made after investigating the PMN allocation.

"As a result of the discussions that have been carried out, Indonesian House of Representatives Commission XI has provided reinforcement and notes on the plan to use PMN", he said in a working meeting with Finance Minister, Sri Mulyani, at the Senayan Parliament Complex, Jakarta on Wednesday, December 15.

The following are the details of PMN that will be disbursed in the next 2022 period.

1. PT Hutama Karya IDR 23.85 trillion will be used for the continuation of the construction of eight Trans Sumatra Toll Roads.

2. PT Waskita Karya IDR 3 trillion which will be used for the completion of the Kayu Agung-Palembang-Betung and Bogor-Ciawi-Sukabumi toll roads.

3. PT Perusahaan Listrik Negara (PLN) IDR 5 trillion for the construction of electricity projects, as well as supporting the development of five Super Priority Tourism Destinations (DPSP), namely Lake Toba, Borobudur, Lombok, Labuan Bajo, and Manado-Bitung-Likupang.

4. PT Sarana Multigriya Finansial IDR 2 trillion to support housing finance for low-income people (MBR) with a target of 200,000 units.

5. PT Adhi Karya IDR 1.97 trillion, which is focused on investing in the Solo-Yogyakarta-Kulon Progo, Yogyakarta-Bawen, and Karian-Serpong regional toll roads

6. Perum Perumnas IDR 1.56 trillion to increase business capacity in continuing the One Million Houses program

7. State Asset Management Agency IDR 28.84 trillion to provide compensation for land acquisition for development projects included in PSN (National Strategic Projects)

8. PT Penjaminan Infrastruktur Indonesia IDR 1.08 trillion used to support the guarantee of 19 national infrastructure projects

On the same occasion, the Minister of Finance (Menkeu), Sri Mulyani, revealed that her party approved the input from House of Representatives Commission XI.

"We as state treasurers have underlined the results of the Panja (Work Committee) that have been submitted and will continue to encourage SOEs and institutions to report the results of using PMN obligations", She said.