Indonesia Moves Danantara Export Agency to Execution, Promises Policy Details Within Weeks
Updated
Updated · Bloomberg · May 29
Indonesia Moves Danantara Export Agency to Execution, Promises Policy Details Within Weeks
2 articles · Updated · Bloomberg · May 29
Indonesia said global markets and trading partners will get updates within weeks on its new commodity export policy as Danantara Sumberdaya Indonesia shifts from planning into execution.
Dyah Roro Esti Widya Putri, the trade vice minister, said the government is still working through the legal and structural rollout needed to establish the centralized export agency.
The comments signal Jakarta is nearing a more concrete framework for how commodity exports will be managed under the new entity.
Putri outlined the timeline in a Bloomberg TV interview on Saturday on the sidelines of the APEC meeting in Suzhou, China.
Will Indonesia's new export agency trigger global price shocks for vital resources like nickel and palm oil?
As Jakarta seizes control of export revenues, will foreign investors flee its massive resource sector?
Indonesia's policy aims to stop a $908B leak. Could it instead create an even bigger corruption problem?