JAKARTA: Indonesia is considering selling stakes in 37 state firms in 2008 to help plug the budget deficit as it seeks to improve the firms’ performance, the state enterprises minister said late on Monday.
The firms include lender PT Bank Tabungan Negara, PT Jakarta Lloyd, steel maker PT Krakatau Steel, surveyor firm PT Sucofindo, property firm PT Pembangunan Perumahan, aerospace company PT Dirgantara Industri, and plantation firms Perkebunan Nusantara III, IV and VII.
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