JAKARTA - Coordinating Minister for Economic Affairs Airlangga Hartarto said that the government would require the placement of foreign exchange from exports (DHE) from the natural resources sector (SDA) through Himbara banks starting June 1, 2026.
"Natural resource exporters are required to include 100 percent of the foreign exchange from the export of natural resources into the Indonesian financial system or repatriation with 100 percent compliance," he said in a press conference, Wednesday, May 20.
He explained that the retention provision of DHE is different for each sector, namely the oil and gas industry is required to place a minimum of 30 percent of DHE, while the non-oil and gas sector is required to place up to 100 percent.
Airlangga added that the funds must be deposited in a special account with a minimum period of 3 months for oil and gas and 12 months for non-oil and gas.
"Now, the income or repatriation of the placement of the DHE SDA retention must be carried out through Bank Himbara. The income or repatriation of the placement of the DHE SDA retention must be carried out through Bank Himbara. So I reiterate, the DHE SDA retention must be carried out through Himbara banks," he said.
However, he conveyed that the government provided an exemption for exporters who have cooperation with trading partner countries or countries that have signed trade agreements with Indonesia, namely the natural scheme, the obligation to convert foreign exchange DHE into rupiah is reduced from 100 percent to 50 percent.
Airlangga added that flexibility was also given to the mining sector, namely exporters in this sector were allowed to place up to 30 percent of DHE retention in non-Himbara banks with the stipulation that the funds were kept for at least 3 months.
"So for participants who have signed bilateral agreements, they can place 30 percent for 3 months in non-Himbara banks," he explained.
Airlangga said as an incentive, the government offered income tax rates (PPh) of up to 0 percent on income from DHE SDA placement instruments, depending on the placement period and this policy is considered more attractive than regular instruments that are taxed up to 20 percent.
"This regulation will apply on June 1, 2026," he said.
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