AGP Executive Report
Last update: 8 hours agoDisaster Watch: A powerful 7.7 earthquake struck off Flores early Saturday, triggering a tsunami warning for parts of Indonesia; BMKG urged people to move to higher ground as aftershocks were reported, with no immediate damage or casualties confirmed. Commodity Policy: President Prabowo says Indonesia will launch a Strategic Mineral and Commodities Exchange by Jan 1, 2027, setting reference prices for key exports and tightening state oversight of shipments via a new export-monitoring role. Budget Push: Indonesia’s 2027 draft budget targets 6% growth, with a proposed Rp4.09 quadrillion spending plan and a deficit at 2.40% of GDP, prioritising food sovereignty, energy/water self-sufficiency, education, health, and infrastructure. Environment & Health: Forest and land fires in South Sumatra surged to 1,926 hectares burned by July, while extreme heat forced school suspensions in Talakag, Bukidnon. Digital Future: Indonesia unveiled a full-stack AI development strategy in Yogyakarta, aiming to build capability across energy, infrastructure, chips, talent and applications.
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