Jakarta (ANTARA) – The government’s reforms in better managing natural resource exports are a key step in strengthening foreign exchange reserves, Chairman of Commission XI of the Indonesian House of Representatives (DPR RI) Mukhamad Misbakhun stated.He referred to regulations for managing foreign exchange proceeds from natural resources exports (DHE SDA) and the establishment of PT Danantara Sumberdaya Indonesia (DSI) as the state-backed entity prepares to take a role in overseeing exports of strategic commodities.In his statement, Tuesday, Misbakhun welcomed the newly introduced regulations which aim to secure the State's revenue base and maintain Indonesia's economic resilience amid external pressures.”The commodity sector is a key pillar of our trade balance and foreign exchange supply. Strengthening export governance is not merely a commercial matter, but a strategic intervention to close potential leaks,” he noted.According to Misbakhun, structuring the natural resource export system prevents under-invoicing, transfer pricing and suboptimal allocation of foreign exchange proceeds from exports.If managed properly, he said, the impact will directly strengthen the stability of the rupiah and provide a healthier fiscal space for the government.However, he also cautioned that State intervention in managing strategic commodity exports needs to be carefully designed.Strengthening the state's role, according to him, should aim to improve the market, not create new barriers or centralize activities that lead to market distortions.He further stated that any assignment to a specific entity needs to be based on a strong legal basis and transparent mechanisms for business actors. Therefore, he emphasized that pricing mechanisms, export contracts and payment flows must be made clear from the outset.”We need to protect the entire supply chain ecosystem—from farmers, producers, workers, to local governments—through a measured policy transition period to avoid triggering price pressures at the producer level,” Misbakhun said.To that end, he encouraged solid coordination across authorities, as the policy intersects with macroeconomic stability, tax revenue, state budget financing and investor confidence.The policy requires close coordination between the Finance Ministry, Bank Indonesia, the Financial Services Authority (OJK) and the business competition authority, he added.Meanwhile, DPR would fully support and closely monitor the implementation of natural resource exports reform.”The principle is clear. We support strengthening governance to increase foreign exchange reserves, but the execution must be credible, maintain proportional treatment for business actors and ensure the economic benefits are widely distributed to local communities,” Misbakhun concluded.