Indonesian Political, Business & Finance News

Video: Misbakhun Reveals Impact of Rising Commodity Prices - Rupiah Weakness

| Source: CNBC Translated from Indonesian | Economy
Video: Misbakhun Reveals Impact of Rising Commodity Prices - Rupiah Weakness
Image: CNBC

Jakarta, CNBC Indonesia - The rise in global oil prices is said by the Chairman of DPR RI Commission XI, Mukhamad Misbakhun, to pose risks to the economy because when global oil prices increase, the burden on the state budget rises; however, if subsidised fuel prices go up, the ripple effects will also heighten economic pressures. On the other hand, the increase in world oil prices also lifts prices of CPO, nickel, coal, and food commodities. Therefore, as a country dependent on commodities, Indonesia has the potential to benefit from the rise in prices of CPO, coal, nickel, coffee, and chocolate commodities. The DPR also continues to push the government to promote economic growth amid global economic turbulence. For more details, watch the dialogue between Andi Shalini and the Chairman of DPR RI Commission XI, Mukhamad Misbakhun, in Squawk Box, CNBC Indonesia (Tuesday, 07/04/2026).

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