Natural Resources Downstreaming Policy STRATEGY FOR STRENGTHENING THE MANUFACTURING INDUSTRIES  NEED DOWNSTREAMING ACCELERATION  Nickel  Adequacy of reserves New technological developments  SUBSTANCE OF POLICY COORDINATION •  Impact of external policies, such as the Inﬂation Reduction Act in the US  •  EXPANSION OF DOWNSTREAMING INTO NON-METALLIC MINERALS  Determining medium-long term priority industries aligned with National Industry Development Master Plan (RIPIN) and critical minerals Encouraging ﬁnancing to support resources downstreaming  COORDINATION FORUM REPRIORITIZING INDUSTRIAL DEVELOPMENT IN THE MEDIUM-LONG TERM  KEMENTERIAN KOORDINATOR BIDANG KEMARITIMAN DAN INVESTASI  Alignment with National Industry Development Master Plan (RIPIN) 2015-2035 by considering critical minerals  Source: Bank Indonesia  of nickel downstreaming into lithium batteries and the electric automotive industry, as well as its various derivative products has been proven to be able to promote higher economic growth and to strengthen external resilience, as described above by the Endogenous Growth Model approach.
Unfortunately trust alone is rarely sufficient to ensure that a creditor will ever get her money back; hence credit decisions must be made on the basis of accurate, reliable data. Without such data creditors will be reluctant to risk their money.