It will consolidate funds from state-owned enterprises and use them for strategic projects, such as in renewable energy.
Minister of Public Works Dody Hanggodo hopes Danantara will support the acceleration of strategic infrastructure development.
Media expressed concerns about transparency of Danantara, particularly because it was not clear how the state's wealth funds would be audited.
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Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and ...