Indonesia Launches Sovereign Wealth Fund
This is a Indonesia news story, published by Yahoo Finance, that relates primarily to Prabowo Subianto news.
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government holdingsAFP.com
•World
World
Indonesia launches new multi-billion-dollar sovereign wealth fund

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 .
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