JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir said three SOEs would receive an injection of funds through the 2024 definitive cash participation (PMN) of IDR 28.16 trillion.

The number of PMN is based on the results of discussions between the government, in this case the Ministry of SOEs and the Budget Agency (Banggar) of the DPR RI.

"The definitive PMN that will be given to SOEs, this is the last (meeting with Banggar) the leaders of Commission VI, will be given to SOEs worth IDR 28.16 trillion," Erick said during a working meeting with Commission VI of the DPR RI, Thursday, September 14.

Erick detailed three SOEs that received a definitive PMN with a total of IDR 28.16 trillion, namely PT Hutama Karya (Persero) IDR 18.6 trillion, IFG IDR 3.56 trillion and PT Wijaya Karya (Persero) IDR 6 trillion.

Meanwhile, continued Erick, PMN's proposal for other SOEs with a total of Rp. 12.8 trillion with a scheme depending on the decision regarding the allocation of investment reserves.

The SOEs in question are PT KAI (Persero) IDR 2 trillion, IndonesiaRe IDR 1 trillion, PT Pelni (Persero) IDR 3 trillion, PT INKA (Persero) IDR 1 trillion, PT PLN (Persero) IDR 5.86 trillion and ID Food IDR 832 billion.

"Indeed, yesterday's discussion was allocated in the investment reserves which became their decision, namely Rp. 12.8 trillion. We will discuss it again, although the details depend on the investment reserve decision," he said.

Erick hopes that PMN's proposal with a total of Rp. 12.8 trillion for KAI to INKA is also approved. Although with the mechanism depending on the decision regarding the allocation of investment reserves.

"This is the provisional result of the last discussion, hopefully it will be approved but the mechanism is like this offered," said Erick.


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