Indonesia’s Prabowo to Visit China, U.S. on First Foreign Trip: Report

A sweeping new regulation mandates that exporters in key natural resource sectors keep 100% of their foreign exchange earnings within the country’s financial system for a full year, an aggressive strategy aimed at bolstering foreign reserves and protecting the rupiah.
Indonesia's President Prabowo Subianto greets journalists in October 21, 2024. A sweeping new regulation mandates that exporters in key natural resource sectors keep 100% of their foreign exchange earnings within the country’s financial system for a full year, an aggressive strategy aimed at bolstering foreign reserves and protecting the rupiah. BAY ISMOYO / AFP

Indonesia’s President Prabowo Subianto will set off on his first foreign tour next month, with stops in China and the United States, local media reported Tuesday, as the new leader seeks a more prominent position for Jakarta on the world stage.

The 73-year-old ex-general was sworn in on October 20, pledging to stick to Jakarta’s traditionally non-aligned foreign policy while making the world’s fourth-most populous nation more active abroad.

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by Agence France-Presse

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