Indonesian Political, Business & Finance News

Prabowo Reveals DSI Found Potential Additional Revenue of US$5 Billion from Commodity Export Transactions

| Source: VIVA Translated from Indonesian | Economy
Prabowo Reveals DSI Found Potential Additional Revenue of US$5 Billion from Commodity Export Transactions
Image: VIVA

President Prabowo Subianto revealed that PT Danantara Sumber Daya Indonesia (DSI) has identified potential additional state revenue of up to US$5 billion from the supervision and monitoring of export activities for a number of strategic commodities.

This was conveyed by Prabowo at the Indonesian Parliament Complex in Jakarta on Friday, 14 August 2026. The President stated that within 2 months and 13 days since its establishment in May 2026, PT DSI has monitored more than 6,000 export transactions involving three strategic commodities: coal, palm oil, and ferro alloy.

“DSI has identified a potential additional US$5 billion solely from price differences and adjustments. Ladies and gentlemen, from the payment of export proceeds, imagine if in the future all of our export commodities are monitored and managed by PT DSI, how much the increase in revenue entering the state would be,” said Prabowo during his state address as part of the Annual Session of the People’s Consultative Assembly and the Joint Session of the House of Representatives and the Regional Representatives Council.

For this reason, the President continued, PT DSI will expand the scope of its supervision to 50 ports across 25 provinces. Furthermore, PT DSI will also broaden its oversight beyond the three strategic commodities to include other leading commodities.

“PT DSI will manage all of our strategic commodities, not just three. We no longer want the Indonesian nation to be cheated; Indonesia’s wealth must not enrich a handful of people while leaving our people living in hardship. This is not only unjust, it is not the attitude of a wise state. Our goods, our property, yet others determine the price,” said the President.

According to the President, the fraudulent practices that have frequently occurred in the export transactions of these strategic commodities have violated economic principles and market principles.

On the same occasion, the President cited the example of under-invoicing fraud occurring in palm oil exports.

“Previously, Indonesian crude palm oil was sold at Indonesian ports for around Rp15,000 per kilogram, while the price on the Rotterdam exchange in the Netherlands was Rp27,000 per kilogram. Yet in the Netherlands there is not even a single hectare of oil palm plantations. This means we were effectively losing almost 50 percent of the value of our commodity,” he said.

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