Indonesian Political, Business & Finance News

Airlangga says the US is exempt from the new DHE SDA rules

| Source: ANTARA_ID Translated from Indonesian | Regulation
Airlangga says the US is exempt from the new DHE SDA rules
Image: ANTARA_ID

Jakarta — The Coordinating Minister for Economic Affairs, Airlangga Hartarto, said the new policy on foreign exchange earnings from the export of natural resources (DHE SDA) would provide exemptions for a number of partner countries, including the United States (US). ‘Yes, there are exemptions for partner countries. We will monitor them, one of them is the United States,’ he said in a statement quoted in Jakarta on Friday.

The policy is set out in Government Regulation (PP) No. 21 of 2026, which revises PP No. 36 of 2023 on DHE SDA from the exploitation, management and/or processing of natural resources. Under the regulation, the government provides flexibility for implementing bilateral trade agreements or other arrangements. The government will begin applying the new DHE SDA rules from 1 June 2026.

Under DHE SDA, exporters in the natural resources sector are required to deposit 100 percent of DHE SDA into accounts held by the State-Owned Banks Association (Himbara). Exporters are also required to place at least 30 percent of DHE SDA from the mining sector and 100 percent from the non-mining sector into special accounts within the Himbara system. The deposit periods are a minimum of three months for oil and gas commodities and twelve months for non-oil and gas.

Additionally, the government reduced the cap on converting foreign currency into rupiah from 100 percent to a maximum of 50 percent.

Specifically for the implementation of bilateral trade agreements, DHE SDA arising from the mining sector must retain a minimum of 30 percent for at least three months and may be placed in non-Himbara banks.

View JSON | Print