Jakarta, May 20 -- President Prabowo Subianto stressed the government's efforts to eradicate illegal mining and plantation practices, as well as fraud, which may secure Indonesia US$150 billion a year through the establishment of natural resources export agency.

Such policy is carried out, according to him, as fraudulent practices such as export value manipulation through over- and under-invoicing, as well as illegal mining and plantations, have caused losses that should have benefited the country.

"We have calculated a potential savings of US$150 billion a year from these leaks," Prabowo remarked while presenting the government's 2027 Macroeconomic Framework and Fiscal Policy Principles (KEM-PPKF) during a plenary session of the House ...