President Prabowo Subianto has recently announced the decision to eliminate the tantiem bonus scheme for commissioners and directors of state-owned enterprises (SOEs) that are experiencing financial losses. He expressed his concerns over the practices involving profit-sharing bonuses for SOE executives, calling it absurd. During the presentation of the 2026 State Budget Bill at the Parliament Complex, Prabowo highlighted the need to stop the payment of tantiem to directors of companies that are not making real profits. He emphasized the importance of safeguarding public funds and ensuring that every rupiah spent delivers tangible benefits. In addition, Prabowo addressed the issue of excessive commissioners in loss-making SOEs and instructed the Danantara Investment Authority to streamline the management by reducing the number of commissioners. He emphasized the need for quality spending, efficiency, and the creation of jobs through government spending to improve public services and strengthen purchasing power.
Prabowo Exposes Scheme to Scrap SOE Bonuses: What’s Really Going On?
