President Prabowo Subianto announced the issuance of a Government Regulation (PP) on the Management of the Export of Natural Resources Commodities (SDA) as a strategic step to strengthen the supervision and management of national commodity exports.
Prabowo explained that the policy aims to ensure that all Indonesian natural resources export results can be managed more transparently and provide maximum benefits for the country and the people.
"The issuance of this government regulation is a strategic step to strengthen the governance of the export of our natural resource commodities," he said in his speech at the DPR RI Plenary Meeting, Wednesday, May 20, 2026.
He added that the government would require the sale of a number of natural resources commodities, such as palm oil, coal, and ferrous alloys, to be carried out through state-owned enterprises (SOEs) designated as sole exporters.
"In a sense, the proceeds from each export sale will be forwarded by the state-owned enterprises appointed by the government to the business actors who manage the activities, this can be said as a marketing facility," he explained.
According to Prabowo, this policy is implemented to strengthen export supervision and monitoring as well as eradicating the practice of underinvoicing, transfer pricing, and export earnings foreign exchange evasion (DHE).
He added that the government also hopes that this step can increase tax revenue and state revenue from the natural resources sector.
"This policy will optimize tax revenue and state revenue from the management and sale of our natural resources with this policy we hope that our revenue will be like Mexico, the Philippines, like our neighboring countries, we don't want our revenue to be the lowest because we don't want to manage our own property," he explained.
Prabowo emphasized that all of Indonesia's natural resources belong to the people and the Indonesian nation so that the state has the right to fully supervise their management.
He also assessed that the management of natural resources and environment without strong supervision had lasted too long.
"We must believe that all of Indonesia's natural resources belong to the Indonesian people, to the Indonesian nation, because the state has the right to know in detail, our natural resources that are sold out, we don't want to be lied to anymore, we want to know exactly how much of our wealth is sold," he said.
"I believe and am convinced that every citizen, especially leaders like those in this assembly, I believe that every leader who has common sense, intelligence, conscience, love of the country, I believe and believe, will not allow our natural wealth to continue to be managed without supervision, without control, it has been too long," he added.
In addition, Prabowo said a similar policy had been implemented in various countries that were considered successful in managing their natural wealth, such as Saudi Arabia, Qatar, Russia, Algeria, Kuwait, Morocco, Ghana, Malaysia, and Vietnam.
According to him, these countries are able to utilize natural resources to build world-class education, infrastructure, and state investment funds.
"We should not be ashamed to learn from countries that have long been able to utilize their natural resources for the prosperity of their people because that is why I emphasize, what the Government of the Republic of Indonesia is doing today is not a strange policy, not an extraordinary policy, this is a practice that many countries have done, this is a common sense policy," he said.
He emphasized that Indonesia must have full control over the sale and pricing of its natural resources so that it does not continue to be a disadvantaged party in global trade.
"SDA belongs to us, we have to decide where this natural resource is sold, we have to determine what the right price is, we don't want to always be victims and always have to accept unfair treatment towards our nation. enough," he concluded.
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