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' Institute of Education Fund Management ', abbreviated as LPDP) is a public service agency of the Ministry of Finance of Indonesia mandated with managing the state's education endowment fund. Investment in the fund partially fulfills a clause in the Constitution of Indonesia stipulating that the government spend at least 20 percent of the ...
The Ministry of National Development Planning/National Development Planning Agency (Indonesian: Kementerian Perencanaan Pembangunan Nasional/Badan Perencanaan Pembangunan Nasional) (abbreviated PPN/Bappenas) is a ministry of the Republic of Indonesia that has the task to oversee government affairs in the field of national development planning to assist the President in organizing state ...
A Principal protected note (PPN) is an investment contract with a guaranteed rate of return of at least the amount invested, and a possible gain.. Although traditional fixed income investments such as guaranteed investment certificates (GICs) and bonds provide investment security with little or no risk of capital loss, they provide modest returns.