Export Genjot Government Tactics: Give Grants To Go Abroad To Buy Indonesian Products

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JAKARTA - Deputy Minister of Finance (Wamenkeu) Suahasil Nazara asked the International Development Cooperation Fund (LDKPI) or the Indonesian Agency for International Development (Indonesian AID) to understand and understand about Indonesia's export structure.

"Now the topic is the expansion of exports, I want LDKPI to understand very well the structure of Indonesia's exports. This is a must," he said at the LDKPI seminar entitled Export Expansion Through Granting to Foreign Governments/Foreign Institutions in the middle of this week.

According to Suahasil, the synergy and collaboration can be carried out by LDKPI together with the Indonesian Export Financing Agency (LPEI) in terms of providing services and facilities to support national export programs.

"LPEI can provide financing for domestic companies that want to export. But from the last few years, we have also completed LPEI by being able to provide financing to companies abroad as long as they buy goods from Indonesia. So what we give is that financing can be done abroad, but buying goods from Indonesia, encouraging Indonesian exports. Not only financing, it could also be even towards guarantees," he explained.

Sri Mulyani's representative also said that LDKPI can play a role by providing grants but is used to buy goods or products from Indonesia so that it can encourage exports.

"The government can provide grants but the funds are directed to buy goods from us. Now part of Indonesian AID is a grant but then encourages exports from Indonesia," he said.

For this reason, Suahasil asked LDKPI to study the structure of Indonesia's exports, understand what products Indonesia often exports, where its destination countries go, to understand the needs of export destination countries.

Indonesian AID should also think about combing through all ministries and institutions, seeing what else we can strengthen from every ministry and institution so as to create economic diplomacy and political diplomacy in accordance with Indonesia's national interests. This is a noble task, an extraordinary task, and I am sure that all of my friends here can catch it," he said.

Furthermore, Suahasil hopes that LDKPI can work even harder to maintain governance and cooperate with other ministries and institutions.

The more discipline maintains the management of funds. The more discipline cooperates with other ministries, especially the Ministry of Foreign Affairs, the Ministry of Finance, and several other key ministries in the LDKPI Steering Committee. So this really becomes a tool from Indonesia, a tool from the state," concluded the Deputy Minister of Finance Suahasil.