Indonesia Wealth Fund CEO Says $200 Billion Timing ‘Stretched’

view original post

Indonesia’s wealth fund may not reach its $200 billion goal in the time frame set out by the country’s president, as it aims to ensure sufficient returns for the state before making investments, according to its chief executive officer.

“The timing will probably be a bit stretched,” Ridha Wirakusumah said in an interview with Bloomberg Television’s Haslinda Amin on Wednesday. “It also depends if we will be getting in more injections. But the fundamentals are set and the system is ready to go.”

Related Posts