Insight

No More Kementerian BUMN?

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Algo Research Team


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Key Summary:


  • Prabowo could change BUMN’s Ministry Status
  • Badan BUMN, more technical rather than policy
  • Further restructuring to be done

Prabowo is said to make a change regarding State-Owned Enterprise (BUMN) status from Ministry to a "Badan", which will be under the Non-Departmental Government Institution (LPNK) category.


Context: The restructuring of BUMN started as a rumor in X, but was somewhat validated by comments from people close to the administration. 


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