The government is beginning to be wary of potential disruptions in\nthe sulphur supply chain that could impact the nickel downstreaming\nprogramme.<\/p>\n
This was revealed in a report by the Chairman of the National\nEconomic Council (DEN), Luhut Binsar Pandjaitan, to President Prabowo\nSubianto at the State Palace on Tuesday (21\/4\/2026).<\/p>\n
In the meeting, Luhut conveyed several recent developments, including\nrisks from prolonged global conflicts that could affect the energy\nsector and strategic commodities.<\/p>\n
Through a post on his personal Instagram account @luhut.pandjaitan<\/span>,\nhe stated that over the next three months, Indonesia\u2019s economic growth\nand activity would remain relatively stable.<\/p>\n Nevertheless, the government has prepared scenarios to anticipate\nvarious possibilities in facing a worsening global situation.<\/p>\n \u201cEspecially if this global conflict lasts longer than we anticipated.\nOne thing we are monitoring is the surge in energy prices,\u201d Luhut\nexplained, quoted on Thursday (23\/4\/2026).<\/p>\n In addition, the government is also monitoring potential disruptions\nin the supply chain of other important commodities, particularly\nsulphur. Luhut assessed that this commodity plays a crucial role in the\nnickel downstreaming process and the development of electric vehicle\nbatteries in Indonesia.<\/p>\n \u201cBesides energy, we are also monitoring disruptions in the supply\nchain of other strategic commodities; such as sulphur, which is crucial\nfor nickel downstreaming and electric vehicle batteries,\u201d he said.<\/p>\n Nevertheless, Luhut assured that regardless of the current situation,\nvarious simulations conducted show that the economy and the state budget\ncan still be controlled.<\/p>\n He also emphasised that the government would keep the state revenue\nand expenditure budget (APBN) deficit below 3% through strict spending\nefficiency. This effort would also be strengthened by additional state\nrevenues from leading export commodity sectors such as coal and palm\noil.<\/p>\n \u201cEconomic activity is maintained through accelerating deregulation as\na form of non-fiscal stimulus for the business world. I conveyed to the\nPresident that structural obstacles in the field must be resolved so\nthat permitting is simpler and the business world still has certainty to\noperate,\u201d Luhut stressed.<\/p>\n Therefore, amid these global pressures, he sees an opportunity that\nthe government needs to utilise. One of them is through accelerating\ndigital transformation (GovTech), as well as promoting the development\nof the Indonesia Financial Center.<\/p>\n \u201cConsidering we need to prepare to take over the shift in global\ncapital flows. With measured steps and solid collaboration, it is hoped\nthat Indonesia will not only be able to maintain stability but also\nseize the opportunity to make a leap in progress,\u201d Luhut explained.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/beware-of-sulphur-crisis-looming-over-indonesia-nickel-downstreaming-could-be-disrupted-1777049510",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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