DSI to Strengthen Foreign Reserves Through Export Record-Keeping Measures

PT Danantara Sumber Daya Indonesia (DSI) will focus on regulating commodity export records to secure national foreign reserves and strengthen the rupiah’s exchange rate. This measure is a long-term solution to consolidate export data and recover national wealth lost due to under-invoicing and transfer pricing practices by certain parties. Through trade administration reforms, the government is committed to establishing transparent, accountable, and traceable commodity governance from upstream to downstream, ensuring business certainty for market participants. Fithra Faisal, Senior Expert at the Indonesian Communication Board, stated that President Prabowo Subianto has been addressing under-invoicing concerns for the past 18 months. Internal cabinet studies indicate an estimated Rp15.4 trillion loss in national wealth from 1991 to 2024 due to these practices. The loss equates to 64% of Indonesia’s current GDP of Rp24 trillion. ‘With more orderly record-keeping, we can potentially add 0.8 percentage points to economic growth,’ Fithra said in a written statement on Wednesday, 27 May 2026. He added that the government has been implementing consolidation efforts over the past six months to ensure DSI operates professionally. ‘Therefore, we have established an export consolidation mechanism, which has empirical precedents in countries such as Qatar, Saudi Arabia, Malaysia, and India,’ he explained. The initiative is expected to add $44 billion to foreign reserves and strengthen the rupiah to Rp16,900 per US dollar. SOE analyst Toto Pranoto from the University of Indonesia cited Ghana’s successful establishment of a dedicated cocoa export body to enhance global market competitiveness.