BPOPF plans greater local capital injections

BPOPF CEO, Moemedi Malindah, told BusinessWeek that the fund was alive to the economic challenges in the country, as well as the need to be more active in stimulating activity that will spur employment creation.

“We cannot act as though we are immune to what's happening to the economy,” he told BusinessWeek in a recent media briefing. “It’s affecting all of us and it’s important for the BPOPF to play an active role in terms of trying to change the affairs of the country. “How do we contribute to the solutions? “We don’t have an answer to that and I don’t think anyone can claim that, but we know that investments ought to be made so that employment can be created and business activity boosted.