To Prevent Monopoly, Purbaya to Appoint Supervisors at Danantara Sumberdaya Indonesia

The Indonesian Finance Minister Purbaya Yudhi Sadewa revealed that several officials from the Ministry of Finance and other ministries and government agencies will be placed as supervisors at PT Danantara Sumberdaya Indonesia (DSI). Purbaya said the placement of supervisors from various ministries and agencies was an initiative proposed by Coordinating Minister for Economic Affairs Airlangga Hartarto. ‘The proposal from the Coordinating Minister is, for supervision to be proper, we must place people there, including from finance and from other ministries so that it does not become a monopoly,’ Purbaya said at the Presidential Palace Complex in Jakarta, on Friday, 22 May 2026. He argued that such supervision is necessary so that DSI does not become a monopoly body that can act arbitrarily and potentially create new problems. He added that the supervision system at DSI would be better than that of previous institutions, so that it would not become a monopoly that disrupts the market. ‘I think the supervision at DSI will be better than the existing institutions, so it will not become a monopoly that disrupts the market,’ he said. Purbaya also said that the supervisory members of DSI would come from a range of ministries and agencies. ‘From all places (ministries/agencies involved),’ he concluded. The government formed PT DSI as a company with a specific mandate to manage and oversee export transactions of strategic natural resource commodities. The establishment of DSI stems from the persistent practice of under-invoicing and transfer pricing in several Indonesian export commodities over many years. In implementation, DSI will operate in two phases. In the first phase, running from 1 June to 31 December 2026, DSI will act as an evaluator and intermediary between sellers and buyers of certain export commodities. Previously, President Prabowo Subianto, in a plenary session of the Indonesian DPR at the Nusantara Building in the MPR complex in Jakarta, on Wednesday, 20 May 2026, announced that the government had issued Government Regulation on the governance of export of natural resource commodities (SDA). In the latest PP, Prabowo said the regulation makes state-owned enterprises the sole exporters for palm oil, coal, and ferro alloy. ‘The sale of all our natural resource products, we start with palm oil, coal, and ferro alloy; we require that sales be conducted through a state-owned enterprise designated by the Government of the Republic of Indonesia as the sole exporter,’ President Prabowo said.