Prabowo Tightens State Control Over Indonesia’s Commodity Exports

The initiative seeks to rectify discrepancies between reported and actual export values, a move designed to stabilize government revenue amid cooling investor sentiment and domestic pressure. While the firm will initially focus on three primary commodities, plans are already in motion to scale oversight across the broader strategic sector. By centralizing these flows, the administration aims to curb potential leakages without resorting to outright nationalization.

Prabowo faces the dual challenge of reversing a decline in public approval and delivering on ambitious economic targets, including a 6% growth rate by year’s end. The upcoming 2027 budget proposal is expected to serve as a litmus test for his commitment to fiscal discipline. Beyond export management, the president continues to prioritize self-sufficiency and anti-corruption measures as the primary levers for long-term economic stability.