Prabowo Strengthens State Banks' Role in New Single-Door Export Policy

President Prabowo Subianto is strategically enhancing the influence of state-owned banks, collectively known as Himbara, within Indonesia's economic framework. A key initiative is the implementation of a new single-door export policy designed to centralize foreign exchange earnings from exports.

Under this new system, export proceeds will be managed centrally by PT Danantara Sumberdaya Indonesia (DSI) before being channeled through the network of state-owned banks. This move, discussed during a meeting with Himbara executives at the Presidential Palace, aims to strengthen the national economy and ensure more controlled financial flows.

Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized that the government expects Himbara to play a more significant role in driving economic growth. "The President has given clear direction regarding the government's upcoming policies," Airlangga told reporters, highlighting the single-door export system and the management of export earnings through Himbara as central tenets.

Investment and Downstreaming Minister Rosan Roeslani described the meeting as a productive first step toward reinforcing Himbara's position as a primary pillar of the national economy. The discussions laid the groundwork for closer coordination between the government and state banks, fostering synergy to support priority economic programs and sustainable development.