Saratoga's Uno sees long-term benefits for Indonesian PE - AVCJ Forum
Private equity investors in Indonesia will see slow growth in the immediate future but the economy is showing signs for growth, in part due to reforms introduced by the new government, according to Sandiaga Uno, co-founder of Saratoga Capital.
Addressing the AVCJ Indonesia Forum in Jakarta, Uno identified tight monetary policy, a weaker currency and low commodity pressures as the major drag factors. However, he noted that economic growth forecasts...
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