Reevaluate the Mineral Downstreaming Program
The IMF has said that Indonesia’s mineral export ban has the potential to cause financial losses. Governance improvement is needed to prevent leaks.
Tempo
July 17, 2023
THERE is no need for the government to angrily reject the request from the International Monetary Fund (IMF) for Indonesia to consider a phased ending of the policy of banning mineral exports, and to not expand it to other commodities. As well as having rational arguments, this proposal could inform a comprehensive evaluation of the downstreaming program that is now in effect for all mining products.
In its latest report, the IMF asked Indonesia
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