The government is strengthening the management of Natural Resource\nExport Proceeds and the governance of strategic natural resource\ncommodity exports through Government Regulation (PP) Number 21 of 2026\nand Number 24 of 2026. This policy is part of the government\u2019s effort to\nincrease foreign exchange retention, fortify the stability of the\nnational financial system, increase added value in natural resource\nmanagement, and strengthen national export governance.<\/p>\n
Head of the Customs and Excise Public Relations and Outreach\nSub-directorate, Budi Prasetiyo, stated that the DHE SDA policy and\nstrategic commodity export governance are implemented synergistically by\nvarious ministries and institutions, including Customs and Excise. \u201cWe\nwill support the implementation of this policy through our service and\nsupervision functions in the field of customs, particularly exports,\u201d he\nsaid in a statement on Wednesday.<\/p>\n
The main points of the DHE SDA policy require resource exporters to\nplace 100 percent of their export proceeds into the Indonesian Financial\nSystem through a Special Account at state-owned banks. For retention, a\nminimum of 30 percent must be placed for three months for the oil and\ngas sector, and 100 percent for twelve months for the non-oil and gas\nsector. The government has also set a maximum conversion limit from\nforeign exchange to rupiah at 50 percent to maintain optimal foreign\nexchange management, down from a previous 100 percent. Flexibility is\nprovided for exporters affiliated with countries that have bilateral\ntrade agreements with Indonesia, where mining sector proceeds must be\nplaced at a minimum of 30 percent for three months and may be placed in\nbanks other than state-owned entities.<\/p>\n
Budi explained that the policy is equipped with regulations providing\nlegal certainty for business actors. \u201cWhat needs to be understood is\nthat this policy is part of strengthening national economic governance.\nWe also ensure customs processes run according to provisions and provide\nservice certainty to service users,\u201d he said.<\/p>\n
Beyond the DHE SDA policy, the government is regulating the export\ngovernance of strategic natural resource commodities, initially covering\ncoal, palm oil, and ferro alloy. Under the new scheme, exports will be\nconducted through a designated state-owned enterprise, PT Danantara\nSumberdaya Indonesia. The implementation will be phased to allow\nadjustment time. The transition phase runs from 1 June 2026 until 31\nDecember 2026 at the latest, during which private exporters can still\ntransact with overseas buyers and report documents to the state-owned\nexporter. The full implementation phase begins no later than 1 January\n2027, where the state-owned enterprise becomes the sole executor of\nexports, handling contracts, shipments, and payment receipts.<\/p>\n
Budi emphasised that Customs and Excise already has a digital system\nand technology-based supervision, including the CEISA system, which will\nbe continuously optimised to support smooth export processes and\nstrengthen international trade governance. \u201cWe are committed to\nmaintaining the smooth flow of export goods while supporting the\nstrengthening of national export governance through collaboration with\nrelevant ministries and institutions,\u201d he stated. Customs and Excise\nalso urges business actors to follow regulatory developments and utilise\nofficial government information channels. Through synergy, the\nimplementation of this policy is expected to strengthen national\neconomic resilience and provide sustainable benefits for the Indonesian\neconomy.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/customs-and-excise-backs-new-export-proceeds-and-strategic-commodities-governance-rules-1781088929", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }