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Indonesia Seeks Reform for Flagging State Companies
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Indonesia Seeks Reform for Flagging State Companies

Bailouts and billions, new management as Covid-19 strikes

Our Correspondent
Jun 15, 2020
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Indonesia Seeks Reform for Flagging State Companies
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The Indonesian government is dramatically restructuring dozens of state-owned enterprises, reducing their numbers and replacing graft-ridden commissioners and directors with people from diverse backgrounds from bureaucrats and former anti-graft agency officials to generals from the police and army and injecting billions in the effort to save them.

As Ind…

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