Indonesian Political, Business & Finance News

Video: Special Export BUMN Established – Indonesia Confident It Can Control Prices?

| Source: CNBC Translated from Indonesian | Trade
Video: Special Export BUMN Established – Indonesia Confident It Can Control Prices?
Image: CNBC

Jakarta, CNBC Indonesia – During the presentation of the macroeconomic framework and key fiscal policy outlines (KEM-PPKF) for the 2027 State Budget (RAPBN) at the DPR RI on Wednesday, 20 May, President Prabowo Subianto announced the establishment of a Special Export State-Owned Enterprise (BUMN) for commodities including coal, palm oil, and fero alloy. Commodity expert Emanuella Bungasmara Ega Tirta from CNBC Indonesia Research stated that the Special Export BUMN model has been implemented in several countries, but its execution still requires clear regulations. The three key export commodities under the Special Export BUMN are projected to generate Rp 1.1 trillion in foreign exchange earnings in 2025, with the initiative aiming to secure domestic supply and stabilise global market prices.

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