Danantara: Indonesias ticking financial time bomb

Indonesia has long walked a tightrope between ambition and overreach. It is a nation of immense potential, yet also one where fiscal mismanagement has historically led to economic crises.  President Prabowo Subianto’s administration, with its aggressive push to create Danantara, a sovereign wealth fund supposedly modeled after Singapore’s Temasek, has placed the country on a […]
The post Danantara: Indonesia’s ticking financial time bomb appeared first on Asia Times.

Read Full Article