INDONESIANTALK.com — The State, the Mines, and the Return of Economic Nationalism. By Dr. Eko Wahyuanto Indonesia may be approaching one of the most consequential economic policy shifts since the Reformasi era. In June 2026, coinciding with the commemoration of Pancasila Day, the government is expected to issue a presidential regulation establishing a “single-gate” export system for natural resources — a mechanism designed to centralize and tighten state control over commodity exports. At first glance, the policy appears administrative: an effort to simplify customs procedures and reduce leakage. But beneath the bureaucratic language lies a far larger political ambition. President Prabowo Subianto seems intent on redefining the relationship between the Indonesian state, its natural resources, and the global market. For decades, Indonesia’s mineral wealth has flowed outward through a system vulnerable to manipulation. Coal, nickel, bauxite, copper, and palm oil generated enormous profits, yet much of the financial benefit escaped the…
The State, the Mines, and the Return of Economic Nationalism
INDONESIANTALK.com — The State, the Mines, and the Return of Economic Nationalism. By Dr. Eko Wahyuanto Indonesia may be approaching one of the most consequential economic policy shifts since the Reformasi era. In June 2026, coinciding with the commemoration of Pancasila Day, the government is expected to issue a presidential regulation establishing a “single-gate” export system for natural resources — a mechanism designed to centralize and tighten state control over commodity exports. At first glance, the policy appears administrative: an effort to simplify customs procedures and reduce leakage. But beneath the bureaucratic language lies a far larger political ambition. President Prabowo Subianto seems intent on redefining the relationship between the Indonesian state, its natural resources, and the global market. For decades, Indonesia’s mineral wealth has flowed outward through a system vulnerable to manipulation. Coal, nickel, bauxite, copper, and palm oil generated enormous profits, yet much of the financial benefit escaped the…


