{
    "success": true,
    "data": {
        "id": 1757845,
        "msgid": "indonesia-details-new-export-earnings-rules-for-natural-resource-companies-1779542090",
        "date": "2026-05-22 16:26:34",
        "title": "Indonesia Details New Export Earnings Rules for Natural Resource Companies",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Regulation",
        "summary": "Indonesia's government has unveiled new export-earnings rules under Regulation No. 21\/2026, requiring oil and gas exporters to retain 30% of earnings for three months and non-oil exporters to place 100% of proceeds in special accounts at state banks for 12 months, with limited exemptions for mining-linked bilateral trade. A centralized gateway, Danantara Sumber Daya Indonesia, will route exports of key commodities through documentation, with full implementation targeted by 1 January 2027 and a reduced foreign-exchange conversion cap to rupiah of 50%. The policy aims to strengthen the domestic financial system, improve supervision and data integration, and ensure export revenues more directly benefit the Indonesian economy.",
        "content": "<p>Indonesia Details New Export Earnings Rules for Natural Resource\nCompanies<\/p>\n<p>Jakarta. Chief Economic Minister Airlangga Hartarto on Thursday\noutlined new rules governing export earnings from natural resource\ncommodities under Government Regulation No.\u00a021\/2026, part of the\ngovernment\u2019s broader effort to strengthen Indonesia\u2019s domestic financial\nsystem and improve oversight of commodity exports.<\/p>\n<p>\u201cThe obligation for natural resource exporters is to place 100% of\nexport earnings within Indonesia\u2019s financial system, with a compliance\ntarget of 100%,\u201d Airlangga said at his office in Jakarta.<\/p>\n<p>Under the new framework, the government will apply different\nretention requirements for the oil and gas sector and non-oil commodity\nexporters.<\/p>\n<p>Oil and gas exporters will be required to retain 30% of export\nearnings in Indonesia\u2019s financial system for three months.<\/p>\n<p>Meanwhile, exporters from non-oil sectors must place 100% of export\nproceeds in special accounts at state-owned banks for 12 months.<\/p>\n<p>\u201cNatural resource exporters are required to place export earnings \u2013\nfor the oil and gas industry, 30% retention for three months, and for\nnon-oil sectors, 100% retention for 12 months \u2013 in special accounts\nwithin Indonesia\u2019s financial system,\u201d Airlangga said.<\/p>\n<p>He added that export earnings would generally be required to pass\nthrough state-owned banks, although the government would provide limited\nexemptions for mining-sector transactions linked to bilateral trade\nagreements or special arrangements.<\/p>\n<p>\u201cFor bilateral trade agreements or specific arrangements in the\nmining sector, the minimum retention requirement is 30% for three\nmonths, and those funds may be placed in private banks,\u201d Airlangga\nsaid.<\/p>\n<p>He also said the government had lowered the mandatory\nforeign-exchange conversion requirement into rupiah from 100% to a\nmaximum of 50%.<\/p>\n<p>According to Airlangga, the policy is necessary because Indonesia\ncontinues to face global economic uncertainty, while export performance\nremains one of the country\u2019s key economic buffers.<\/p>\n<p>The government wants export revenues to generate greater benefits for\nthe domestic economy, he said.<\/p>\n<p>Another major component of the policy requires exports of strategic\nnatural resources to be conducted through a single gateway under\nDanantara Sumber Daya Indonesia.<\/p>\n<p>Airlangga said the system is intended to strengthen supervision over\nexports and export earnings, improve trade-data integration, and reduce\ninvoice manipulation practices.<\/p>\n<p>The government has designated three main strategic commodities under\nthe policy: coal, palm oil, and ferroalloys.<\/p>\n<p>Implementation will be phased in gradually.<\/p>\n<p>During the first phase, exporters will still conduct transactions\ndirectly with overseas buyers, but export documentation must already\npass through Danantara Sumber Daya Indonesia.<\/p>\n<p>Full implementation of the centralized export system is targeted for\nno later than Jan.\u00a01, 2027.<\/p>\n<p>Tags: Keywords:<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-details-new-export-earnings-rules-for-natural-resource-companies-1779542090",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}