Natural resources reform essential to boost forex reserves: lawmaker
Jakarta, June 2 -- The government's reforms in better managing natural resource exports are a key step in strengthening foreign exchange reserves, Chairman of Commission XI of the Indonesian House of Representatives (DPR RI) Mukhamad Misbakhun stated.
He referred to regulations for managing foreign exchange proceeds from natural resources exports (DHE SDA) and the establishment of PT Danantara Sumberdaya Indonesia (DSI) as the state-backed entity prepares to take a role in overseeing exports of strategic commodities.
In his statement, Tuesday, Misbakhun welcomed the newly introduced regulations which aim to secure the State's revenue base and maintain Indonesia's economic resilience amid external pressures.
"The commodity sector is a k...
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