JAKARTA - The government has started to enforce new rules regarding the management of Foreign Exchange from Natural Resources Exports (DHE SDA) as of June 1, 2026. Through this policy, exporters of strategic natural resource commodities are required to repatriate all DHE to the country with a 100 percent compliance rate.
The provision was announced by Minister of Finance Purbaya Yudhi Sadewa simultaneously with the start of the management of strategic natural resources exports through PT Danantara Sumberdaya Indonesia (Persero) or DSI.
"Starting tomorrow, June 1, because tomorrow is a holiday, but if exports continue, yes. So in PP 21/2026, the government regulates several new provisions regarding the placement of DHE SDA. Among them, the exporter of SDA is obliged to repatriate DHE to the country with a 100 percent compliance rate," said Purbaya in a press conference at Wisma Danantara, Jakarta, Sunday, May 31.
In addition to the repatriation obligation, the government also regulates the placement of DHE SDA within the Indonesian Financial System (SKI). For non-oil and gas exporters, all DHE SDA must be placed in a special account in the country for a minimum of 12 months. Meanwhile, oil and gas exporters are required to place at least 30 percent of DHE SDA for a minimum of three months.
Purbaya explained that all placements of DHE SDA must be carried out through banks that are members of the State-Owned Bank Association (Himbara).
"The placement of DHE SDA is required through Bank Himbara. So it is required through Bank Himbara," he said.
The government has also tightened the management of foreign exchange by limiting the conversion of DHE SDA into foreign currencies or rupiah. If previously the conversion could be carried out up to 100 percent, it is now limited to a maximum of 50 percent.
However, the government still provides relaxation for certain exporters, especially in the mining and non-mining sectors that have trade relations with Indonesian partner countries through bilateral agreements or trade cooperation.
According to Purbaya, exporters who have been bound by bilateral agreements are allowed to place a portion of the DHE SDA in non-Himbara banks.
"The portion of placement in non-Himbara banks is a maximum of 30 percent, the maximum placement period is 3 months," he said.
In addition to relaxing the placement of funds, Purbaya said the government also prepared fiscal incentives to encourage exporter compliance. One of them is in the form of a lower income tax (PPh) rate compared to regular investment instruments.
"The tax rate on income and placement instruments of DHE SDA can reach 0 percent. The rate is adjusted to the period of placement of funds," said Purbaya.
Purbaya said that the facility made the placement instrument of DHE SDA more competitive compared to ordinary investment instruments which are generally taxed up to 20 percent.
"So usually if it's a bond, the yield is taxed at 20 percent. If the source of funds is DHE SDA, then the tax on the instrument is 0," he said.
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