Indonesian Political, Business & Finance News

President Prabowo Strengthens Himbara's Role Through One-Stop Export Policy

| | Source: REPUBLIKA Translated from Indonesian | Banking
President Prabowo Strengthens Himbara's Role Through One-Stop Export Policy
Image: REPUBLIKA

President Prabowo Subianto affirmed the strategic role of the Association of State-Owned Banks (Himbara) in strengthening the national economy. The directive was delivered through a number of key government initiatives, including the implementation of a new one-stop export system. Under the policy, foreign exchange proceeds will be managed centrally through PT Danantara Sumberdaya Indonesia (DSI) and channelled via state-owned banking networks. This was stated after a meeting between the President and executives of state-owned banks at the Presidential Palace on Thursday (18/6).

Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the government hoped Himbara could play a greater role in driving economic growth. “The president gave clear direction on the upcoming government policy,” Airlangga told media crews. Airlangga further explained that the core of this policy is the implementation of a one-stop export system and the distribution of foreign exchange proceeds through Himbara. “The president hopes these banks play a major role in supporting national economic growth,” he added.

During the meeting, President Prabowo also laid out some of the government’s priorities and stressed the importance of Himbara in carrying out its role as a national development agency. The meeting was attended by directors and commissioners from Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), Bank Tabungan Negara (BTN), and Bank Syariah Indonesia (BSI), as well as a number of cabinet ministers. Meanwhile, Minister of Investment and Downstream Development, who also serves as Chief Executive Officer of Danantara Indonesia Investment Management Agency, Rosan Roeslani, described the meeting as a productive first step. The aim was to strengthen Himbara’s role as a major pillar of the national economy. Rosan mentioned that these discussions laid the foundation for closer coordination between the government and state-owned banks. These synergies are expected to support priority economic programmes and expand their contribution to sustainable economic development.

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