President Prabowo Pushes for Accelerated Industrialization to Bolster National Economy
President Prabowo has ordered the acceleration of industrial downstreaming and the restructuring of State-Owned Enterprises (SOEs) to enhance the added value of natural resources and strengthen the national economy. This initiative has already led to the closure of 290 SOEs, contributing to state budget savings, with a target of closing an additional 700 by the end of 2026 to foster a more efficient and professional SOE structure.
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