Purbaya: Coal Export Governance via DSI Poised to Boost State Revenue
Finance Minister Purbaya Yudhi Sadewa believes that the strategic natural resource (SDA) export governance policy through PT Danantara Sumber Daya Indonesia (DSI) has the potential to boost state revenue while improving transparency in Indonesia’s commodity exports.
Mr Purbaya said the government is still calculating the potential additional state revenue from the policy’s implementation. However, he is optimistic that improved export governance can close loopholes that have previously reduced state earnings.
“We have done calculations but haven’t finalised the figures yet. We’re still working on it. This is the first time, so we can’t yet see what the impact will be,” Purbaya stated at a press conference on Sunday (31 May 2026).
The government previously issued a Government Regulation on the Governance of Strategic Natural Resource (SDA) Exports. Initially, the policy covers three key commodities: coal, palm oil, and ferroalloy. Under the regulation, PT Danantara Sumber Daya Indonesia (DSI) has been designated as the state-owned export company responsible for overseeing and managing the export governance of these strategic commodities.
The policy aims to strengthen export oversight, prevent under-invoicing and transfer pricing practices, and ensure optimal repatriation of foreign exchange earnings. A transitional period begins on 1 June 2026 until year-end, with full implementation targeted by 1 January 2027 at the latest.
According to Purbaya, DSI will serve as a mechanism to ensure recorded export values reflect actual transactions, optimising state revenue.
“I hope state revenue will increase as export evasion, under-invoicing and similar practices are eliminated,” he said.
Nevertheless, the government has not set specific additional revenue targets from the policy. Evaluations will be conducted periodically to assess implementation effectiveness.
“DSI will be monitored and evaluated every three months. Only then will I be able to provide clearer figures on its impact on state revenue,” he added.
Purbaya also believes the policy could positively impact listed coal companies. He stated that more transparent export governance would ensure all transactions and profits are accurately recorded in financial reports.
“If all transactions are fully reported to companies, profitability could rise significantly. This is actually positive news for investors and the market,” he said.
Additionally, he noted the policy would strengthen national banking liquidity as export proceeds are retained domestically rather than flowing overseas.
“Previously, some export proceeds flowed back overseas. Now the money stays here, bolstering the financial sector and supporting national economic financing,” Purbaya said.
The government believes that strengthening coal export governance through DSI is expected not only to boost state revenue but also enhance oversight of strategic commodity trade and support national financial system stability.