Press Statement of President of the Republic of Indonesia on the Inauguration of Board of Supervisors of the Investment Management Board (LPI), 27 January 2021, at the State Palace, DKI Jakarta Province

Journalist:

Could you tell us more about the inauguration of Board of Supervisors of the Investment Management Board (LPI) given that this is the first time?

President of the Republic of Indonesia (Joko “Jokowi” Widodo)

Yes, we just inaugurated Board of Supervisors of the LPI calledthe Indonesia Investment Authority. We hope this institution will become an alternative financing for the development of our country.

And I am sure with the track records of these professionals, theirexperiences and good reputations, we hope this Authority will gain trust (from the public) both at home and abroad. So, we hope the alternative financing for our development can actually be achieved and the amount is substantial.

Then, our second task after this inauguration is to immediately assign Board of Directors. And I ask that at the latest next week, it has also been formed and after that they can immediately work. It’s time to press ahead according to what we have planned.

That’s it.

Question:

How do you feel after being injected with the second dose of the vaccine?

President of the Republic of Indonesia (Joko “Jokowi” Widodo)

It’s like the first vaccination. It was a little painful (in the first one), but this time it’s not. I didn’t feel anything when I got my first jab. I felt a little this time. That’s the difference.