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Institutional Blueprint for BP BUMN Officially Unveiled: Sustainability and Management of Dwiwarna Shares Dividends Now Part of Core Functions

In 2024, the government introduced Regulation of the President No. 179 of 2024 (“ Regulation 179/2024 ”) on the Ministry of State-Owned Enterprises (Badan Usaha Milik Negara– “ BUMN ”). Broadly speaking, Regulation 179/2024 outlined a wide array of institutional aspects relating to the Ministry of BUMN (“ Ministry ”), including its organizational structure and various key functions.

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