Indonesia to bring commodity exports under centralised control, president says - Reuters

<a href="https://news.google.com/rss/articles/CBMizAFBVV95cUxPZGs0RHkxMzduUTFrWkRzcWpXaXNmMVRaZjV1N2gwdjFMNDhXZm9iaEFHQ2gwQmJwa281b0w4SWJDZ2RydUQ1TFhIUVFkSU5VcTBVc1Zfc3draTZLNkFha09tLTdHalM2Y0djMnYtbXZlV29pNDVvYkkxaFpHRGxBM0VHQmhzZkFVa2JoUkgwTC0ta2hoQjJXZVNPR0RsMXVSZ2lmWFJnNkQwSXprX2YzUTVrZjByQjktdExMVDNjLTl2TWkyN1A4RnB3OWs?oc=5" target="_blank">Indonesia to bring commodity exports under centralised control, president says</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Indonesian President Prabowo Subianto announced plans to centralize exports of key commodities like palm oil and coal to boost state revenues and tighten control over natural resources.

Indonesia intends to establish a new state entity to manage exports of commodities such as coal and palm oil, aiming to combat tax evasion and support the rupiah.

Indonesia plans to create a state entity to supervise commodity exports, including palm oil and coal, to reduce under-invoicing and bolster state revenue.

President Prabowo Subianto announced the issuance of a government regulation on the management of natural resource commodity exports, designating state-owned enterprises as sole exporters for commodities like palm oil, coal, and ferro alloy.