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Indonesia launches new multi-billion-dollar sovereign wealth fund

AFP.com
Summary
Nutrition label

75% Informative

President Prabowo Subianto has pledged to take Indonesia 's annual growth from five to eight percent .

He ordered billions of dollars worth of cuts across government that last week sparked first protests of his rule.

Danatara will take control of government holdings in state companies, with an initial budget of $20 billion .

The fund is modelled on Singapore 's investment arm Temasek .

VR Score

82

Informative language

84

Neutral language

77

Article tone

formal

Language

English

Language complexity

70

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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