Prabowo Says DSI Strengthens National Foreign Exchange Reserves

Indonesian President Prabowo Subianto praised the swift move of Danantara Sumber Daya Indonesia (DSI), which is tasked with overseeing the export of strategic goods. Since it was announced that it was formed on 20 May 2026 and fully operational from 1 July 2026, PT DSI has proved capable of increasing the national foreign exchange reserves. According to him, DSI has become a state instrument in strengthening governance and consolidating the export of strategic commodities belonging to the Indonesian nation. Prabowo said that the government is committed to strengthening the national economy through natural resource governance reforms, accelerating strategic investments, and strengthening the management of foreign exchange proceeds from exports. “We are building a one-stop export system so that the country knows how much is exported, to whom it is sold, what the real price is, and how much foreign exchange should return to Indonesia. That is the goal,” Prabowo said while giving a speech at the Plenary Cabinet Session at the State Palace in Central Jakarta on Monday. Prabowo stated that the initial implementation of the policy has shown positive results. In just over a month of operation, DSI has managed a significant amount of foreign exchange amounting to USD 10.5 billion, or about Rp 188 trillion. This has simultaneously begun to reduce the price gap of Indonesian commodity exports compared with prices on the international market. “Just one month, two weeks of work, DSI has managed more than USD 10.5 billion in foreign exchange. And it turns out that from the figures that came in, before DSI existed, the gap between the price sold in Indonesia and the international sale price was at least 30 percent, close to 40-45 percent,” Prabowo explained. According to Prabowo, the government decided to establish a one-door export system as a step to improve strategic commodity export governance. Through this policy, he added, the government can ensure the entire export process takes place transparently while optimising the country’s foreign exchange receipts from Indonesia’s natural wealth. “I remind you, all commodities belong to the Indonesian nation. The earth, water, and all the wealth contained therein belong to the Indonesian nation. Nickel, rubber, everything, palm oil, coal, gold. So, we implemented one-stop export, and we established DSI,” Prabowo said. In addition, Prabowo stressed that the government will not tolerate practices that harm the state or business operators who do not comply with the provisions of the law. The government, he said, would take decisive steps to ensure natural resource governance proceeds in the national interest. “Because we are resolute, continue this practice, this is a fraudulent practice, go ahead, we will revoke all your permits. I am not indiscriminate, we revoke all the permits of those who do not want to obey the law in the Unitary State of the Republic of Indonesia,” Prabowo said. He also said that the reform measures taken by the government have begun to gain recognition from the international world. With ever stronger food security, energy sector support, and abundant natural resource potential, Prabowo is optimistic that Indonesia is capable of realising its ideal as the world’s food granary. “Brothers, we have begun to be looked at and we will prove it. I believe and am confident we will be the food granary of the world. I believe that,” Prabowo said.