Indonesia eyes Jan launch for SWF, targets initial capital allocation of $6b

Indonesia eyes Jan launch for SWF, targets initial capital allocation of $6b

Jakarta, Indonesia. Photo by Tom Fisk on Pexels.

Indonesia is targeting to launch its sovereign wealth fund in January next year with an initial capital allocation of $6 billion, according to coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan.