Indonesia’s resource nationalism may be aimed at lifting rupiah as well as widening tax base
By
Ana Cuello Franco
11d agoen
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info.ceicdata.comIndonesia’s resource nationalism may be aimed at lifting rupiah as well as widening tax baseisimarkets.comPresident Prabowo Subianto recently announced plans to channel all of Indonesia’s “strategic” commodity exports through DSI, a new company set up by the sovereign-wealth fund. The move has unsettled foreign investors as well as Indonesia’s own mining and agricultural sectors. Starting with #coal, ferroalloys and palm oil, DSI would control close to 40% of the nation’s export value. The government… The post Indonesia’s resource nationalism may be aimed at lifting rupiah as well as widening tax base appeared first on ISI .
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