JAKARTA -- Indonesia moved closer to establishing a new $5.3 billion sovereign wealth fund on Wednesday, with President Joko Widodo appointing five members for its advisory board.
Economy
Indonesia moves closer to establishing $5bn sovereign wealth fund
Jokowi names advisers for fund that will initially focus on infrastructure
Indonesian President Joko Widodo told the advisory group for the country's planned sovereign wealth fund to select members of its board of directors by the end of next week. © Reuters
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