The Ministry of State-Owned Enterprises of Indonesia ( Kementerian Badan Usaha Milik Negara) is the Indonesian government body responsible for overseeing the nation’s state-owned enterprises. Established in 1998 with Tanri Abeng as the first minister, it manages 114 state-owned enterprises and 28 subsidiaries across 12 sectors as of December 2019. The ministry’s mandate includes formulating strategic business initiatives, strengthening competitiveness, enhancing performance, and creating sustainable growth for state enterprises. Its primary role is to assist the president in managing government affairs related to state-owned companies, with oversight extending to entities controlled by these enterprises both directly and indirectly, supporting Indonesia’s broader economic development goals.