{"id":282586,"date":"2025-02-24T16:06:48","date_gmt":"2025-02-24T09:06:48","guid":{"rendered":"https:\/\/indef.or.id\/?p=282586"},"modified":"2025-02-25T14:57:17","modified_gmt":"2025-02-25T07:57:17","slug":"bpi-danantara","status":"publish","type":"post","link":"https:\/\/indef.or.id\/en\/bpi-danantara\/","title":{"rendered":"Danantara: Bagaimana dan Untuk Siapa?"},"content":{"rendered":"<article class=\"w-full text-token-text-primary focus-visible:outline-2 focus-visible:outline-offset-[-4px]\" dir=\"auto\" data-testid=\"conversation-turn-9\" data-scroll-anchor=\"true\">\n<div class=\"m-auto text-base py-[18px] px-6\">\n<div class=\"mx-auto flex flex-1 text-base gap-4 md:gap-5 lg:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col agent-turn @xs\/thread:px-0 @sm\/thread:px-1.5 @md\/thread:px-4\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"3205e347-ae78-4ea7-a9e0-82ccee0c5980\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p data-start=\"0\" data-end=\"749\">Pemerintah Indonesia telah meresmikan Badan Pengelola Investasi Daya Anagata Nusantara (BPI Danantara) sebagai strategi untuk mengelola aset negara senilai Rp14.000 triliun (USD900 miliar) guna memperkuat ketahanan ekonomi nasional. Namun, dalam diskusi yang digelar Institute for Development of Economics &amp; Finance (INDEF), para ekonom menyoroti berbagai tantangan, termasuk inefisiensi tata kelola, intervensi politik, dan ketidakjelasan strategi penggabungan BUMN. Prof. Didik J. Rachbini menegaskan bahwa keberhasilan Danantara sangat bergantung pada reformasi struktural untuk meningkatkan produktivitas BUMN, sementara Esther Sri Astuti mengkritisi potensi ketidakefisienan akibat pengelolaan aset yang tidak optimal.<\/p>\n<p data-start=\"751\" data-end=\"1421\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-282587 aligncenter\" src=\"https:\/\/indef.or.id\/wp-content\/uploads\/2025\/02\/WhatsApp-Image-2025-02-23-at-15.58.29-300x300.jpeg\" alt=\"\" width=\"400\" height=\"400\" srcset=\"https:\/\/indef.or.id\/wp-content\/uploads\/2025\/02\/WhatsApp-Image-2025-02-23-at-15.58.29-300x300.jpeg 300w, https:\/\/indef.or.id\/wp-content\/uploads\/2025\/02\/WhatsApp-Image-2025-02-23-at-15.58.29-1024x1024.jpeg 1024w, https:\/\/indef.or.id\/wp-content\/uploads\/2025\/02\/WhatsApp-Image-2025-02-23-at-15.58.29-150x150.jpeg 150w, https:\/\/indef.or.id\/wp-content\/uploads\/2025\/02\/WhatsApp-Image-2025-02-23-at-15.58.29-768x768.jpeg 768w, https:\/\/indef.or.id\/wp-content\/uploads\/2025\/02\/WhatsApp-Image-2025-02-23-at-15.58.29-1536x1536.jpeg 1536w, https:\/\/indef.or.id\/wp-content\/uploads\/2025\/02\/WhatsApp-Image-2025-02-23-at-15.58.29-12x12.jpeg 12w, https:\/\/indef.or.id\/wp-content\/uploads\/2025\/02\/WhatsApp-Image-2025-02-23-at-15.58.29.jpeg 1600w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<p data-start=\"751\" data-end=\"1421\">Selain itu, peluncuran Danantara mendapat respon negatif dari pasar, terlihat dari kontraksi IHSG pada hari pertama operasionalnya, yang menurut Andry Satrio Nugroho menunjukkan rendahnya kepercayaan investor terhadap independensi dan tata kelolanya. Risiko moral hazard juga dikhawatirkan muncul jika aset strategis BUMN yang memiliki kewajiban layanan publik (seperti PLN dan Pertamina) justru dialihkan untuk investasi komersial. Ketidaksesuaian antara proyeksi dividen BUMN sebagai sumber pendanaan\u2014yang diklaim Rp300 triliun tetapi diperkirakan hanya Rp90 triliun\u2014juga menimbulkan pertanyaan tentang kelayakan model keuangan Danantara.<\/p>\n<p data-start=\"1423\" data-end=\"2050\" data-is-last-node=\"\" data-is-only-node=\"\">Agar Danantara berfungsi optimal, INDEF merekomendasikan tiga langkah utama: pertama, penguatan transparansi dan tata kelola melalui audit independen; kedua, penghapusan keterlibatan politik dalam kepemimpinan lembaga; dan ketiga, pemisahan peran regulator dan operator agar keputusan investasi tetap profesional. Jika diterapkan dengan baik, Danantara berpotensi menjadi motor pertumbuhan ekonomi layaknya Temasek (Singapura) dan Khazanah (Malaysia). Namun, tanpa tata kelola yang kuat, lembaga ini berisiko menjadi beban APBN dan alat kepentingan politik tanpa manfaat nyata bagi ekonomi nasional.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<div style=\"text-align: center; margin: 20px 0; padding: 10px; font-family: sans-serif; font-size: 11px; color: #666; border-top: 1px solid #eee;\">\n<p style=\"margin-bottom: 5px;\"><strong>seo ario1337 \/@gunsn26roses<\/strong><\/p>\n<p>    <a href=\"https:\/\/www.cahayamobil.com\/\" style=\"color: #666; text-decoration: none; margin: 0 5px;\">cahaya mobil<\/a> |<br \/>\n    <a href=\"https:\/\/www.cahayamobil.com\/\" style=\"color: #666; text-decoration: none; margin: 0 5px;\">cahayamobil<\/a> |<br \/>\n    <a href=\"https:\/\/www.cahayamobil.com\/\" style=\"color: #666; text-decoration: none; margin: 0 5px;\">jual beli mobil<\/a> |<br \/>\n    <a href=\"https:\/\/www.cahayamobil.com\/\" style=\"color: #666; text-decoration: none; margin: 0 5px;\">jual beli mobil bekas<\/a> |<br \/>\n    <a href=\"https:\/\/www.cahayamobil.com\/\" style=\"color: #666; text-decoration: none; margin: 0 5px;\">jual beli mobil bekas segala kondisi<\/a> |<br \/>\n    <a href=\"https:\/\/www.cahayamobil.com\/\" style=\"color: #666; text-decoration: none; margin: 0 5px;\">jual beli mobil bekas segala kondisi jabodetabek<\/a> |<br \/>\n    <a href=\"https:\/\/www.cahayamobil.com\/\" style=\"color: #666; text-decoration: none; margin: 0 5px;\">jual beli mobil jabodetabek<\/a> |<br \/>\n    <a href=\"https:\/\/www.cahayamobil.com\/\" style=\"color: #666; text-decoration: none; margin: 0 5px;\">jual beli mobil bekas jabodetabek<\/a>\n<\/div>\n<p><a href=\"https:\/\/www.pijatsht.com\">Pak Ali Jasa Pijat<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Pemerintah Indonesia telah meresmikan Badan Pengelola Investasi Daya Anagata Nusantara (BPI Danantara) sebagai strategi untuk mengelola aset negara senilai Rp14.000 triliun (USD900 miliar) guna memperkuat ketahanan ekonomi nasional. Namun, dalam diskusi yang digelar Institute for Development of Economics &amp; Finance (INDEF), para ekonom menyoroti berbagai tantangan, termasuk inefisiensi tata kelola, intervensi politik, dan ketidakjelasan strategi [&hellip;]<\/p>","protected":false},"author":1,"featured_media":282965,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[165,90,163,164],"ppma_author":[19],"class_list":["post-282586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diskusi-publik","tag-aset-negara","tag-bumn","tag-danantara","tag-investasi"],"acf":[],"authors":[{"term_id":19,"user_id":1,"is_guest":0,"slug":"siteindefadmin","display_name":"INDEF","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/48b30ffdbbb215c58d282d017659b46bf3893b4d661401c94690978ef61552b4?s=96&d=mm&r=g","author_category":"","user_url":"http:\/\/indef.or.id","last_name":"INDEF","first_name":"Admin","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/posts\/282586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/comments?post=282586"}],"version-history":[{"count":4,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/posts\/282586\/revisions"}],"predecessor-version":[{"id":282970,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/posts\/282586\/revisions\/282970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/media\/282965"}],"wp:attachment":[{"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/media?parent=282586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/categories?post=282586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/tags?post=282586"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/ppma_author?post=282586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}