Chairman of the National Economic Council (DEN) Luhut Binsar Pandjaitan said the government was finalizing the formation of a family office.
"We are technicalizing, finalizing, family office," he told the media crew, Wednesday, March 12.
Luhut said that his party is currently working intensively to complete technical aspects and will coordinate with the Coordinating Ministry for the Economy.
However, Luhut said that his party had started this work six months ago and had also asked for input from the main actors, including Ray Dalio, and asked for a direct feedback.
In addition, Luhut conveyed related to support from the Ministry of Finance, asserting that all parties must agree, but the most important thing is that the party who will invest the funds agrees.
Luhut said that in the next few months he would report the progress of the family office's finalization to President Prabowo Subianto and if there was an executive order, his party would implement it.
"We hope that in the next few months the President will stay, because the President has given a go-ahead when he meets the palace, so technically we will report it to the President, if the President has ordered the executive, we will be the executive," he said.
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Meanwhile, when asked about the possibility of family office being launched in the first semester of 2025, Luhut said that currently, his party is still working and will report the progress to President Prabowo.
"I think President Prabowo's programs are very good, we just have to see how it is now so that our assistants to the President can coordinate well," he said.
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