{
    "success": true,
    "data": {
        "id": 1730950,
        "msgid": "assessing-the-potential-of-danantara-to-cut-soe-inefficiencies-1778487484",
        "date": "2026-05-11 13:09:53",
        "title": "Assessing the Potential of Danantara to Cut SOE Inefficiencies",
        "author": "Teuku Muhammad Valdy Arief",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Economy",
        "summary": "The establishment of the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) is viewed as a strategic government initiative to overhaul the management of national assets and streamline the structure of state-owned enterprises (SOEs) for greater efficiency and competitiveness. With combined assets worth Rp 1,650 trillion, Danantara is poised to serve as a new national investment engine, potentially boosting GDP by 1.6% through enhanced productivity, downstream industrialisation, and industrialisation efforts. Experts emphasise the need for transparency, minimal political interference, and strict public oversight to ensure its success and prevent fiscal accountability gaps.",
        "content": "<p>JAKARTA - The formation of the Daya Anagata Nusantara Investment\nManagement Agency (BPI Danantara) is considered more than just a\nreorganisation of state institutions. The presence of Danantara is\ndescribed as a strategic step by the government to improve the\nmanagement of national assets while tidying up the structure of\nstate-owned enterprises (SOEs) to make them more efficient and\ncompetitive. This view emerged during a Public Debate titled \u201cThe\nState\u2019s Big Gamble via Danantara on SOE Restructuring,\u201d organised by the\nNagara Institute together with Akbar Faizal through the Akbar Faizal\nUncensored (AFU) forum last weekend. Head of the INDEF Centre for Macro\nEconomics and Finance, Rizal Taufikurahman, assessed Danantara as a\nstrategic instrument to strengthen the national economic architecture\nthrough the restructuring of SOE investments and assets. With a combined\ntotal asset value reportedly reaching Rp 1,650 trillion, Danantara is\nseen to have significant capacity to become a new national investment\nengine. \u201cDanantara represents a strategic step to restructure SOE assets\nand investments to make them more productive, and it has the potential\nto become a new national investment engine to strengthen downstream\nprocessing and industrialisation, ultimately driving a 1.6% increase in\nGDP,\u201d said Rizal in an official statement on Monday (11\/5\/2026). \u201cThe\nsuccess of the institution will heavily depend on the managers\u2019 courage\nto close the door to damaging political discretion,\u201d stated Awalil.\nAwalil said that the public needs concrete evidence in the form of data\nopenness, financial reports, and definitive projects so that investor\nconfidence in Danantara can grow. \u201cIf Danantara wants to succeed, its\ninterventions must be as minimal as possible and only through\nregulations, not discretion. Danantara must be transparent so that the\npublic can help defend its performance in the future,\u201d he said.\nProfessor at the Faculty of Economics and Business, Diponegoro\nUniversity, Akhmad Syakir Kurnia, believes that restructuring through\nDanantara must still consider fiscal accountability aspects to avoid\ncreating short-term gaps in state revenue. According to Syakir, the\ntransfer of SOE dividends to Danantara\u2019s coffers needs to be balanced\nwith significant improvements in the performance of state companies so\nthat economic benefits continue to be felt by society. \u201cThe transfer of\ndividends from SOEs to the BPI Danantara coffers must be accompanied by\nexponential performance improvements so that society does not feel a\nloss of public benefits that are usually channelled through the state\nbudget,\u201d said Syakir. \u201cThe government\u2019s courage in forming BPI Danantara\nmust be matched with the courage to open up to stricter public\noversight,\u201d he added. He assessed that the institutional design of\nDanantara still needs to be monitored to avoid closing off spaces for\ntransparency. \u201cExpectations may be raised sky-high regarding this\ninstitutional arrangement, but the history of extractive economics\nforces us to remain critical because the space for demanding public\ntransparency feels worrisomely limited by the legislative design,\u201d he\nsaid.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/assessing-the-potential-of-danantara-to-cut-soe-inefficiencies-1778487484",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}