Indonesia will mandate that coal and palm oil exports be routed through state-owned enterprises starting in 2026, as announced by President Prabowo Subianto. This policy aims to curb revenue leaks by ensuring government oversight of these strategic exports. The transition begins in June 2026, with full implementation by September 1, 2026.
The overhaul is part of a broader agenda to reclaim state assets and prevent economic leakages, potentially expanding to other commodities. This move could impact global commodity markets, introducing new complexities for international buyers who will now deal with state intermediaries. The policy reflects Indonesia's ongoing efforts to maximize resource value domestically.
Indonesia to Route Coal and Palm Oil Exports Through State Enterprises by 2026
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