JAKARTA — Indonesia’s four-week-old sovereign wealth fund will seek to earn $8 billion a year — a 60% increase on the current level — in dividends from state-owned enterprises (SOEs), according to its chief investment officer.
As of this week, the fund, Daya Anagata Nusantara, or Danantara, oversees 47 SOEs with assets of some $900 billion that gave the government a total of $5.1 billion in dividends in 2024.
