| Issue Number : 3952

Further Details of Government Investment under PEN Program Introduced

Regulation of the Government No. 23 of 2020, which was amended through the issuance of Regulation of the Government No. 43 of 2020 (collectively referred to as “Regulation 23/2020”),[1] states that the government may allocate funding in certain amounts and/or financial assets for investment purposes.[2] Investment may be provided in the form of loans to state-owned enterprises (badan usaha milik negara – “BUMN”) and/or non-BUMN business agencies (“Agencies”) which are established based on laws.[3]

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Regulation of the Government No. 23 of 2020, which was amended through the issuance of Regulation of the Government No. 43 of 2020 (collectively referred to as “Regulation 23/2020”),[1] states that the government may allocate funding in certain amounts and/or financial assets for investment purposes.[2] Investment may be provided in the form of loans to state-owned enterprises (badan usaha milik negara – “BUMN”) and/or non-BUMN business agencies (“Agencies”) which are established based on laws.[3]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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