Indonesia Plans to Cut State Firms From 1,000 to 250

Indonesia · ECONOMY Key Facts —The target: President Prabowo Subianto wants to cut state-owned entities from more than 1,000 to about 250 within two years. —The scale: More than 750 entities would be closed, merged, or consolidated under the plan. —Progress so far: Around 240 to 250 entities had already been closed, merged, or consolidated…