Kementerian Badan Usaha Milik Negara | |
Ministry of State Owned Enterprises Building | |
Ministry overview | |
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Formed | 16 March 1998 |
Jurisdiction | Government of Indonesia |
Headquarters | Jalan Medan Merdeka Selatan No. 13 Jakarta Pusat 10110 Jakarta, Indonesia |
Minister responsible | |
Website | bumn |
The Ministry of State-Owned Enterprises (Indonesian: Kementerian Badan Usaha Milik Negara, shortened as Kementerian BUMN) is an Indonesian government ministry that oversee the development of state-owned enterprises in Indonesia. The ministry is led by a Minister of State Owned Enterprises, who reports to the President.[1] The ministry is currently led by Erick Thohir.
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]
Ministry of State Owned Enterprises is organised as 2 vice ministers, one secretariat, 3 deputies and 3 expert staffs.[3]