{
    "success": true,
    "data": {
        "id": 1767714,
        "msgid": "dsi-to-strengthen-foreign-reserves-through-export-record-keeping-measures-1779898415",
        "date": "2026-05-27 09:30:00",
        "title": "DSI to Strengthen Foreign Reserves Through Export Record-Keeping Measures",
        "author": "Sakina Rakhma Diah Setiawan",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Trade",
        "summary": "The Indonesian government's plan to regulate export records through PT Danantara Sumber Daya Indonesia (DSI) aims to secure foreign reserves and bolster the rupiah. Estimates suggest Rp15.4 trillion in lost national wealth from under-invoicing and transfer pricing since 1991, equivalent to 64% of current GDP. The initiative is projected to add $44 billion to reserves and strengthen the rupiah to Rp16,900 per US dollar.",
        "content": "<p>PT Danantara Sumber Daya Indonesia (DSI) will focus on regulating\ncommodity export records to secure national foreign reserves and\nstrengthen the rupiah\u2019s exchange rate. This measure is a long-term\nsolution to consolidate export data and recover national wealth lost due\nto under-invoicing and transfer pricing practices by certain parties.\nThrough trade administration reforms, the government is committed to\nestablishing transparent, accountable, and traceable commodity\ngovernance from upstream to downstream, ensuring business certainty for\nmarket participants. Fithra Faisal, Senior Expert at the Indonesian\nCommunication Board, stated that President Prabowo Subianto has been\naddressing under-invoicing concerns for the past 18 months. Internal\ncabinet studies indicate an estimated Rp15.4 trillion loss in national\nwealth from 1991 to 2024 due to these practices. The loss equates to 64%\nof Indonesia\u2019s current GDP of Rp24 trillion. \u2018With more orderly\nrecord-keeping, we can potentially add 0.8 percentage points to economic\ngrowth,\u2019 Fithra said in a written statement on Wednesday, 27 May 2026.\nHe added that the government has been implementing consolidation efforts\nover the past six months to ensure DSI operates professionally.\n\u2018Therefore, we have established an export consolidation mechanism, which\nhas empirical precedents in countries such as Qatar, Saudi Arabia,\nMalaysia, and India,\u2019 he explained. The initiative is expected to add\n$44 billion to foreign reserves and strengthen the rupiah to Rp16,900\nper US dollar. SOE analyst Toto Pranoto from the University of Indonesia\ncited Ghana\u2019s successful establishment of a dedicated cocoa export body\nto enhance global market competitiveness.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/dsi-to-strengthen-foreign-reserves-through-export-record-keeping-measures-1779898415",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}