JAKARTA - The government through the Ministry of Finance (Kemenkeu) stated that it is still committed to saving the national airline Garuda Indonesia from the threat of bankruptcy due to the pandemic crisis in the past two years.
Meirijal Nur, Director of State Assets Separated at the Ministry of Finance, said that Garuda's recovery option must pay attention to the applicable procedures and the process that the airlines are currently undergoing. According to him, one of the basic references is the development of delays in paying debt obligations or PKPU.
"As we know, Garuda Indonesia is currently in the PKPU process, so there has been no decision on what the results of the commitment will be. We will wait for the PKPU's decision first," he said while giving a presentation to the media crew on Friday, June 10.
Meirijal added, if the results of the request for debt payments are granted, his party is ready to commit to a state capital investment commitment (PMN) of IDR 7.5 trillion as previously scheduled.
“If it is approved, the government will see what can be done to help save Garuda. One of them is the addition of state capital. Anyway, we'll see the results later, "said Meirijal.
In previous editorial reports, the Garuda Indonesia injection plan had already been stated by the Deputy Minister of BUMN II, Kartika Wirjoatmodjo. Tiko, Kartika's nickname, revealed that the national flag carrier will be one of six government companies that will be given an injection of fresh funds.
"God willing, if later the PKPU process can achieve peace and homologation, we will conduct two rights issues, the first is the process of injecting Rp7.5 trillion from the government's portion for the initial position of restructuring Garuda," said Tiko.
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