President Prabowo Subianto is prioritizing a strengthened role for Indonesia’s state-owned banks, collectively known as Himbara, particularly in bolstering the nation’s export sector. He believes Himbara can be instrumental in driving export growth through financial support and streamlined processes. The initiative focuses on reforming export-related financing mechanisms to make them more accessible to Indonesian businesses. Prabowo highlighted the need for Himbara to actively participate in funding and facilitating exports, reducing reliance on foreign financial institutions. This strategy aims to increase Indonesia’s foreign exchange reserves and improve its trade balance. Further details regarding specific reforms and implementation timelines are expected to be announced in the coming weeks. The move signals a broader governmental effort to enhance Indonesia’s economic independence and competitiveness on the global stage.