JAKARTA - Coordinating Minister for Economic Affairs Airlangga Hartarto revealed that there are four countries that will receive exemptions in the provisions of the Foreign Exchange from Export Results (DHE) of Natural Resources (SDA).
Airlangga said the exemption was given to countries that had bilateral agreements or certain agreements with Indonesia such as the United States (US), China, Canada and Australia.
"Yes, there are several countries that we have a lot of bilateral ones. One of them, for example, with China, with America, then Australia and several other countries. What else was it? Canada," he explained to the media, Thursday, July 23.
He emphasized that the exemption only concerned the bank used for the placement of DHE funds, not against the obligation to retain the foreign exchange proceeds of the export itself.
"It's not for banking from that country," he explained.
Airlangga said the government would evaluate the implementation of the policy in mid-September.
"It will be evaluated in mid-September," he said.
Airlangga added that this policy was formulated by referring to various bilateral and multilateral agreements held by Indonesia, including provisions in the World Trade Organization (WTO).
"There are bilateral agreements and multilateral agreements. And that is also part of the WTO," he said.
According to him, exporters who meet the requirements can place DHE funds through the State-Owned Bank Association (Himbara) bank or non-Himbara bank.
For information, the DHE SDA policy is regulated in Government Regulation (PP) Number 21 of 2026 which will take effect on June 1, 2026.
The regulation requires exporters of natural resources to repatriate 100 percent of the export proceeds into the national financial system and place them in a special account within the country.
In the regulation, the retention of DHE in the oil and gas sector is set at a minimum of 30 percent for at least three months, while for non-oil and gas sector exporters are required to place 100 percent of DHE for a minimum of 12 months, and in principle, the retention funds are placed through Himbara banks.
However, for exporters who trade with countries that have bilateral agreements or certain agreements with Indonesia, the government provides relaxation.
As for this exception, the retention of DHE in the mining sector is quite large at 30 percent for a minimum of three months and can be placed in non-Himbara banks. In addition, the provision for converting foreign exchange into rupiah has also been relaxed, from the previous 100 percent to a maximum of 50 percent.
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