President Prabowo announced a strategic policy to strengthen national economic resilience by mandating the deposit of natural resource export foreign exchange earnings (DHE SDA) domestically.Exporters in the mining (excluding oil and gas), plantation, forestry, and fisheries sectors must deposit all of their natural resource export foreign exchange earnings in special accounts at domestic banks within the national financial system for at least 12 months. The oil and gas sector will still follow the provisions of Government Regulation No. 36 of 2023. The government estimates that export foreign exchange earnings will increase by approximately US$80 billion in 2025, and if implemented throughout the year, the value could exceed US$100 billion. Exporters still have flexibility in using the funds; they can convert them to Indonesian rupiah for operational needs, tax payments, etc. Exporters who do not comply will face sanctions of suspended export services. The policy takes effect on March 1, 2025, and will be periodically evaluated.
President Prabowo announced a strategic policy to strengthen national economic resilience by mandating the deposit of natural resource export foreign exchange earnings (DHE SDA) domestically.Exporters in the mining (excluding oil and gas), plantation, forestry, and fisheries sectors must deposit all of their natural resource export foreign exchange earnings in special accounts at domestic banks within the national financial system for at least 12 months. The oil and gas sector will still follow the provisions of Government Regulation No. 36 of 2023. The government estimates that export foreign exchange earnings will increase by approximately US$80 billion in 2025, and if implemented throughout the year, the value could exceed US$100 billion. Exporters still have flexibility in using the funds; they can convert them to Indonesian rupiah for operational needs, tax payments, etc. Exporters who do not comply will face sanctions of suspended export services. The policy takes effect on March 1, 2025, and will be periodically evaluated.