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Established in 2006 with a balance of $340 million, the PIP invests in a variety of asset classes such as equity, debt, infrastructure and direct investments. [1] Some of the PIP's goals are to increase macroeconomic stability, economic growth, and government investment and it aims to follow in the successful footsteps of Singapore ’s Temasek ...
Management of Indonesia's National Education Development Fund (Dana Pembangunan Pendidikan Nasional) is the mandate of the LPDP. The Constitution of Indonesia stipulates that the government must allocate at least 20 percent of the state budget toward education. Investment in the fund forms a part of the government's education budget.
Sri Mulyani was born in Tanjung Karang (now called Bandar Lampung) in Lampung, Sumatra, on 26 August 1962. [5] She is the seventh child of university lecturers professor Satmoko and Retno Sriningsih. [6]