Key facts
- Indonesia has launched a new state firm, Danantara Sumberdaya Indonesia (DSI), to monitor key commodity exports.
- DSI has already overseen over 6,500 transactions totaling more than $14 billion in exports of palm oil, coal, and ferroalloy.
- President Prabowo Subianto aims for 6% economic growth in 2026 and $11 billion in state-owned enterprise dividends.
- The government targets state revenue of 3,426 trillion rupiah ($192 billion) next year.
- A new exchange will be created to set prices for Indonesia's strategic commodities, operational by January 1, 2027.
Indonesian President Prabowo Subianto has announced the establishment of Danantara Sumberdaya Indonesia (DSI), a new state-owned enterprise tasked with monitoring key commodity exports to bolster state revenue. In its first two months, DSI has already overseen over 6,500 transactions totaling more than $14 billion in exports of commodities such as palm oil, coal, and ferroalloy. The firm is set to expand its oversight to additional ports and strategic commodities.
This initiative is part of President Prabowo's broader economic strategy, which includes a target of 6% economic growth for Indonesia in 2026 and aims to generate $11 billion in dividends from state-owned enterprises. Prabowo has stressed that economic expansion must lead to improved public welfare, emphasizing food security.
Looking ahead, the government plans to implement 'downstreaming' initiatives and pursue foreign company acquisitions. Prabowo also aims to increase state revenue to 3,426 trillion rupiah ($192 billion) next year and achieve a lower budget deficit in 2027. Furthermore, President Prabowo announced plans to create a new exchange that will set prices for Indonesia's strategic commodities, expected to be operational by January 1, 2027.