Jakarta, CNBC Indonesia – Deputy Chairperson of Commission VI of the DPR RI, Aria Bima, conveyed the results of the Joint Working Meeting of the Ministry of SOEs which was held on Wednesday afternoon (14/7/2021) regarding the proposed State Equity Participation (PMN).
As a result, Commission IV of the DPR approved the proposed additional PMN for the 2021 fiscal year amounting to IDR 33.9 trillion and the PMN for the 2022 budget year, which was IDR 72.449 trillion, bringing the total to IDR 106.35 trillion.
Additional PMN 2021, namely for handling Covid-19 and to drive national economic growth during the pandemic, provided that it is carried out in a transparent and accountable manner and is reported regularly to Commission VI.
“Commission IV also urges the SOE Ministry to allocate an additional 2021 PMN to pharmaceutical SOEs and Pertamedika IHC to improve bed facilities, ICUs, vitamins, and drugs during the Covid-19 pandemic,” said the PDIP politician in a virtual statement on Wednesday. 14/).
In addition, Commission IV also approved cash PMN for fiscal year 2022 worth IDR 72.449 trillion and conversion of Investment Fund Accounts (RDI) and loan continuation agreements or SLAs and former IBRA (National Bank Restructuring Agency) into non-cash PMNs in the form of equity for 2022 into the proposed 2022 State Budget.
“The discussion will be carried out during the 2022 financial memorandum session, which will be presented by the president at the plenary meeting,” said Aria.
Previously, on that occasion, SOE Minister Erick Thohir said that for 2021 the need for Additional PMN 2021 reached Rp 33.9 trillion, namely for PT Waskita Karya Tbk (WSKT) of Rp 7.9 trillion, PT KAI (Persero) Rp 7 trillion and PT Hutama Karya (Persero) or HK amounting to Rp 19 trillion.
“Everything, including the Train [KAI] and this HK is a solution assignment [proyek pemerintah],” said Eric.
As for the PMN in 2022, it was also conveyed in the Working Meeting on Thursday last week that the total reached Rp 72.44 trillion for 12 state-owned companies.
Here are the details:
1. Hutama Karya Rp 31.35 T, for the Trans Sumatra Toll Road;
2. BUMN Tourism in Journey (Indonesian Tourism Aviation/Aviata) Rp 9,318 T, capital and restructuring, Mandalika project;
3. PLN Rp. 8,231 T, substation transmission and rural electricity;
4. BNI Rp 7 T, strengthening tier 1 capital and CAR (capital adequacy ratio);
5. KAI-KCJB Rp 4.1 T, PSN Fast Train;
6. Waskita Karya Rp 3 T, capital strengthening, restructuring;
7. IFG Rp 2 T, restructuring Jiwasraya;
8. Adhi Karya Rp 2 T, Solo-DIY toll road, Bawen and Karian-Serpong SPAM project;
9. Perumnas Rp 2 T, low-middle-income housing (MBR);
10. Bank BTN Rp 2 T, strengthening tier 1 capital and CAR;
11. RNI Rp 1.2 T, strengthening the food industry;
12. Damri Rp 250 billion, capital strengthening and provision of fleets;
“As for the notes, what we can indeed attach is that the 2022 PMN will be injected into SOEs in 2022 so that the 2022 PMN PP is issued after the BUMN Holding PP is issued, specifically for some holdings,” said Erick.
“Of course the target for issuing PP holdings is like the tourism holding in August 2021, defense in September 2021, food in September 2021, so that PP PMN 2022 will be issued in 2021 so that legally the granting of PMN 2022 will not get a legal issue that will occur as a the foundation,” explained Erick.
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