Erick Thohir Ensures BUMN Banks Are Ready To Accommodate DHE SDA

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir revealed that the Association of State-Owned Banks (Himbara) is ready to support the implementation of new regulations regarding Natural Resources Export Result Foreign Exchange (DHE SDA).

As is known, Erick Thohir and other ministers of the Red and White Cabinet participated in accompanying President Prabowo Subianto to sign Government Regulation (PP) Number 8 of 2025 concerning DHE SDA.

Erick said that through this PP, foreign exchange results from the export of natural resources in the mining sector except for oil and natural gas as well as products from plantations, forestry and fisheries in Indonesia must be stored in domestic banks for 12 months.

"This policy can increase the foreign exchange of Indonesia's exports by 80 billion US dollars by 2025. SOEs through Himbara banks are ready to realize the Government Regulations that have been set by the President," he said, quoted from the official Instagram @erickthohir, Tuesday, February 18.

Erick also admitted that he was optimistic that the issuance of the regulation would bring prosperity to the nation and society.

"God willing, this regulation can provide prosperity for the Indonesian nation and people," wrote Erick.

Previously, it was reported that Finance Minister Sri Mulyani Indrawati said the government would continue to monitor foreign exchange needs originating from Natural Resources Export Product Foreign Exchange (DHE SDA) which is stored in Indonesian banking.

Since 2023, he continued, the placement rate of DHE SDA has reached 37 percent to 42 percent or exceeds the previous rule limit of 30 percent.

This shows that the foreign exchange value stored in the bank is stable at the level of 30 percent. With this condition, Sri Mulyani is optimistic that the placement of the DHE SDA of 100 percent within one year can run well.

"During the implementation since 2023, we see the position of foreign exchange export results placed in our banking is relatively stable at the level if the minimum was 30 percent. In the existing data, it even reaches 37 to 42 percent, so this illustrates that they have exceeded 30 percent," Sri Mulyani said at a press conference related to foreign exchange export results, Monday, January 17.

Sri Mulyani added that natural resources such as coal, palm oil or crude palm oil (CPO) and nickel have a big role in producing Indonesian exports and foreign exchange.

"For this reason, we will jointly coordinate with the Coordinating Minister for the Economy, especially to make sure that exports and production are not disrupted," said Sri Mulyani.