Jakarta, Oct. 14 -- Indonesia will reevaluate its foreign exchange (FX) export earnings policy after officials found it has not significantly boosted the country's foreign reserves, Finance Minister Purbaya Yudhi Sadewa said Monday.

"The export proceeds policy will be reviewed again. So far, it hasn't had a real impact on our reserve levels," Purbaya told reporters in Jakarta.

He added that Bank Indonesia may take the lead in reassessing the policy, while broader decisions will follow cross-ministerial discussions led by President Prabowo Subianto.

President Prabowo held a closed-door meeting Sunday at his residence in Jakarta to discuss key economic strategies, including the effectiveness of the FX repatriation regulation.

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