Analysis: Danantara’s bigger mandate, bigger questions - Academia

More than a year after its establishment, Danantara has yet to demonstrate meaningful progress in restructuring state-owned enterprises (SOEs), despite mounting financial pressures, delayed consolidation plans and growing concerns over transparency. As Danantara expands its mandate, most recently into the management of natural resource exports, the debate is no longer merely about corporate governance, but about the broader direction of Indonesia’s economic management.