Indonesian Political, Business & Finance News

Customs Supports New Regulation on Natural Resource Export Proceeds

| | Source: MEDIA_INDONESIA Translated from Indonesian | Economy
Customs Supports New Regulation on Natural Resource Export Proceeds
Image: MEDIA_INDONESIA

The government has officially strengthened the management of Foreign Exchange from Natural Resource Exports (DHE SDA) as well as the governance of strategic commodity exports through the issuance of Government Regulation (PP) Number 21 of 2026 and Number 24 of 2026. This strategic step was taken to increase foreign exchange retention, bolster the stability of the national financial system, and provide added value to the management of national natural resources. The Head of the Customs and Excise Public Relations and Counselling Sub-Directorate, Budi Prasetiyo, stated that this policy is the result of cross-ministerial and institutional synergy. Customs and Excise is fully committed to supporting the implementation of these rules through optimising service and supervision functions in the customs sector. ‘We will support the implementation of this policy through service and supervision functions in the field of customs, especially exports,’ Budi said in a statement on Wednesday (10/6/2026). Based on the latest regulations, there are several crucial points that natural resource exporters must comply with to maintain national economic stability. The government also provides flexibility for exporters affiliated with partner countries under bilateral agreements. Specifically for the mining sector in this category, a minimum placement of 30 percent for 3 months can be made in banks outside state-owned enterprises. In addition to tightening foreign exchange rules, the government regulates the governance of strategic commodity exports covering coal, palm oil, and ferro alloy. All export activities for these three commodities will subsequently be managed by the designated State-Owned Enterprise for Exports, namely PT Danantara Sumberdaya Indonesia (PT DSI). The implementation of this new scheme is carried out in two main stages. Budi Prasetiyo emphasised that Customs and Excise has prepared an integrated digital system through the Customs Excise Information System and Automation (CEISA) to ensure a smooth transition process. ‘This system modernisation aims to provide fast, transparent, and accountable services for service users,’ he concluded.

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