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Report: Indonesia Plans to Tighten Export Controls on Commodities Such as Coal and Palm Oil
The Indonesian government plans to step up controls on exports of commodities such as coal and palm oil in order to combat tax evasion and bolster the sharply waning Indonesian rup...
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The Indonesian government plans to step up controls on exports of commodities such as coal and palm oil in order to combat tax evasion and bolster the sharply waning Indonesian rupiah, Bloomberg, quoting people with the knowledge of the matter, reported.

The government intends to establish a new national agency to manage commodity exports, sources divulged. Strengthening export controls would help maximize foreign exchange inflows, thereby supporting the rupiah.

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However, as Indonesia is the world's largest exporter of thermal coal and palm oil, tighter export controls could potentially disrupt global markets.

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