Prabowo: PT DSI Bolsters National Reserves, Manages $10.5 Billion in Foreign Exchange

Indonesian President Prabowo Subianto lauded the rapid performance of PT Danantara Sumber Daya Indonesia (PT DSI), a state-owned enterprise tasked with overseeing strategic exports. Since its full operation began on July 1, 2026, PT DSI has demonstrably strengthened the national foreign exchange reserves.

Prabowo highlighted PT DSI's role as a state instrument for enhancing governance and consolidating the export of Indonesia's strategic commodities. He emphasized the government's commitment to bolstering the national economy through reforms in natural resource management, accelerated strategic investments, and improved management of export-generated foreign exchange.

"We are building a single-door export system so the state knows how much is exported, to whom it is sold, the actual price, and how much foreign exchange should return to Indonesia. That is the objective," Prabowo stated during a cabinet meeting on July 20, 2026.

In its first month of operation, PT DSI successfully managed over $10.5 billion in foreign exchange, approximately Rp 188 trillion. This achievement has begun to narrow the price disparity between Indonesian commodities and international market prices, which Prabowo noted was previously between 30% and 45%.

Prabowo reiterated that all of Indonesia's natural resources, including nickel, rubber, palm oil, and coal, belong to the nation. The single-door export policy and the establishment of PT DSI are intended to ensure transparency and maximize state revenue from these resources. He warned that non-compliant businesses would face severe penalties, including the revocation of permits, emphasizing that the government would take firm action to prioritize national interests in resource management.