Page 20 - FDMAsia NovDec 2024

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Aktron "Through the task force, we can make an agreement,
data reconciliation, (determine) which data is the most valid,
the maximum fine for state revenue and everything can be
discussed in the task force," he explained.

Antoni informed that he and the Head of the Financial and
Development Supervisory Agency (BPKP), Muhammad Yusuf
Ateh, discussed the plan to form the task force .
In related news, the Minister confirmed his commitment
to implementing the forest protection targets set by President
Prabowo Subianto's initiative. He emphasised that law
From an informal cooperative the BFC has evolved into a enforcement will be a priority.
Malaysian registered company, BFC Research and Development In a meeting at the Attorney General's Office strengthening
Sdn Bhd. During a Management Open Day the work at Sapulut law enforcement in forest protection was discussed. The

Forest Development (SFD) was highlighted. minister emphasised that the government will establish a task
SFD has planted over two million fast-growing trees, force for law enforcement to protect Indonesia's forests. The
including Laran and Red Mahogany species. At the open day prosecutor's office will participate in this task force.
managers from SFD said the Malaysia’s timber industry needs Attorney General, Sanitiar Burhanuddin, stated that they
innovative approaches to reduce reliance on natural forests. openly accepted collaboration as a means of enhancing
inter-institutional coordination. The Attorney General’s Office
World Bank raises growth forecast has also engaged with various ministries to bolster law

The World Bank has upgraded Malaysia's economic growth enforcement efforts.
forecast to 4.9 percent in 2024 from its initial 4.3 percent The National Police Chief General Listyo Sigit Prabowo
forecast set in April according to Apurva Sanghi, its lead stated the police and the Ministry of Forestry will collaborate
economist for Malaysia. to ensure the security of Indonesia's forests by exchanging
He said both domestic and external factors back the essential information and data.
upgraded growth forecast as the global economy is doing
much better than expected six months ago. Ministry and Armed Forces—co-operation
On the domestic front, he said the positive economic The Ministry of Forestry and the National Armed Forces
momentum, political stability and an increasingly conducive (TNI) Headquarters are planning to sign a memorandum of

policy environment that boosts and mobilises more investments understanding which will serve as the basis for cooperation
have contributed to the upgraded growth projection. and collaboration between the two agencies.
The MoU will include cooperation in rehabilitating damaged
INDONESIA forests including replanting deforested areas.
Ministry preparing task force to bolster forest "Considering the limited human resources that we have
protection the success of the Ministry of Forestry in protecting forests
The Minister of Forestry, Raja Juli Antoni, has reported the is very dependent on cooperation and collaboration with the

ministry is in the process of forming a palm oil task force TNI which has a wide network reaching remote villages,"
to strengthen the supervision and protection of forest areas. said the Minister.