Video: Tracing Prabowo's Aims to Form a Special Export State-Owned Enterprise for Palm Oil - Batu Bara

Jakarta, CNBC Indonesia - In presenting the macroeconomic framework and the main fiscal policy directions (KEM-PPKF) for the 2027 RAPBN to the House of Representatives on Wednesday (20 May), President Prabowo Subianto announced the formation of a Special Export State-Owned Enterprise (BUMN) for commodities including coal, palm oil, and ferroalloy. Commodity Expert CNBC Indonesia Research, Emanuella Bungasmara Ega Tirta, said that this Special Export BUMN has already been implemented in several countries, but its implementation awaits clear regulations. Three of Indonesia’s flagship export commodities included in the Special Export BUMN posted foreign exchange earnings of Rp 1,100 trillion in 2025, so the management aims to ensure domestic needs while stabilising supply to safeguard price stability in global markets. What is the urgency of establishing the state body for synergistic export commodities? For more, watch the analysis by Serliana Salsabila with Commodity Expert CNBC Indonesia Research, Emanuella Bungasmara Ega Tirta on Squawk Box, CNBC Indonesia (Thursday, 21 May 2026).