Regulations
The full force of the new policy will come into effect after a transition period that has been set at three months but can be extended to the end of the year.
President Prabowo Subianto delivers a speech on the macroeconomic framework to lawmakers at the House building in Jakarta on May 20, 2026. (AFP/Bay Ismoyo)
President Prabowo Subianto said on Wednesday that his government will mandate that exports of palm oil, coal, and ferroalloys be conducted through a state agency, as the country seeks to tighten its control over its natural resources and boost state revenue.Here are some key facts:
The full force of the new policy will come into effect after a transition period that has been set at three months but can be extended to the end of the year.
