Ministry of State Owned Enterprises

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Ministry of State Owned Enterprises
Kementerian Badan Usaha Milik Negara
Emblem of Indonesia and Logo of Ministry of State-Owned Enterprises of the Republic of Indonesia (English version 2020).svg
Logo of the Ministry of State Owned Enterprises
Flag of the Ministry of State Owned Enterprises of the Republic of Indonesia.svg
Flag of the Ministry of State Owned Enterprises

Ministry of State Owned Enterprises Building
Ministry overview
Formed16 March 1998 (1998-03-16)
Jurisdiction Government of Indonesia
HeadquartersJalan Medan Merdeka Selatan No. 13
Jakarta Pusat 10110
Jakarta, Indonesia
Minister responsible
Website bumn.go.id

The Ministry of State Owned Enterprises (Indonesian: Kementerian Badan Usaha Milik Negara) is a ministry that oversee the development of state-owned enterprises in Indonesia. The ministry is headed by a Minister of State Owned Enterprises, who is accountable to President. [1]

Contents

History

The Ministry of State Owned Enterprises can be traced back to the Department of Finance. The Ministry of State Owned Enterprises was in the Second Echelon of the Department of Finance from 1973 to 1993, before being elevated into the First Echelon in 1993. In 1998, the Department of State Owned Enterprises was created, however, it was regulated under the Department of Finance in its First Echelon from 2000 to 2001. In 2001, the Department of State Owned Enterprises was renamed the Ministry of State Owned Enterprises. [2]

The development of state-owned enterprises was on Direktorat Persero dan Pengelolaan Keuangan Perusahaan Negara, which was the Second Echelon Unit in Department of Finance. This unit was also called Direktorat Persero dan Badan Usaha Negara and Direktorat Pembinaan BUMN. This unit was promoted into First Echelon Unit as Direktorat Jenderal Pembinaan Badan Usaha Negara in 1993. In 1998, this unit was promoted into a department and headed by a minister-rank official Menteri Negara Penanaman Modal dan Pembinaan BUMN/Kepala Badan Pembinaan BUMN. [2]

List of ministers

Organisation

Ministry of State Owned Enterprises is organised as 2 vice ministers, one secretariat, 3 deputies and 3 expert staffs. [3]

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References

  1. "Peraturan Presiden RI Nomor 44 Tahun 2015 Tentang Kementerian Badan Usaha Milik Negara". Presidential Decree No. 41 of 2015 (in Indonesian). President of Indonesia.
  2. 1 2 "Sejarah Kementerian BUMN" (in Indonesian). Ministry of State Owned Enterprise. Retrieved 21 September 2021.
  3. "Peraturan Presiden RI Nomor 81 Tahun 2019 tentang Kementerian Badan Usaha Milik Negara". Presidential Decree No. 81 of 2019 (PDF) (in Indonesian). President of Indonesia.

See also