Sumber : Infobank
THE directors of Indonesia’s state-owned enterprises (BUMN) remain confused. On one hand, they must report to the Danantara Investment Management Agency (BPI Danantara). On the other, they are still beholden to the Ministry of State-Owned Enterprises. This duality has long been a source of frustration. Yet despite the confusion, they continue reporting to both “kings.” The question remains how long this bureaucratic split must persist.
President Prabowo Subianto has tasked Danantara with initiating a structural transformation of BUMN governance, a system he described as irrational. The data presented by Danantara COO Dony Oskaria confirms systemic failure. Of the 1046 entities including subsidiaries, just eight companies contribute 97% of dividends, while 53% operate at a loss, burdening the state budget with up to IDR 50 trillion annually.
