Clarity on DSI urgent
The Prabowo administration's sudden, vague overhaul of commodity exports is the latest policy whiplash rattling investor confidence, proving once again that ad hoc governance comes at a steep economic price.
The Prabowo administration's recent overhaul of commodity exports has left investors uncertain and rattled, highlighting the economic consequences of ad hoc governance. This sudden change, particularly in the case of the DSI (Danantara Sumberdaya Indonesia) entity, has caught business players off guard due to its lack of detailed information.
The government's frequent backtracking on its decisions, such as the potential relaxation of the budget deficit limit, further erodes investor confidence. While the announcement aimed to establish an institution, it failed to clearly outline DSI's scope, purpose, and commercial activities, leaving much to be desired in terms of transparency and clarity.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Clarity on DSI urgent thejakartapost.com
