Indonesian Political, Business & Finance News

Natural Resource Export Proceeds Regulations Relaxed for Mining Exporters, Government Explains

| Source: VIVA Translated from Indonesian | Economy
Natural Resource Export Proceeds Regulations Relaxed for Mining Exporters, Government Explains
Image: VIVA

The government has provided relaxation on the provisions for placing Natural Resource Export Proceeds (DHE SDA) for mining sector exporters, through Article 18A of Government Regulation (PP) Number 21 of 2026.

The Secretary of the Coordinating Ministry for Economic Affairs, Susiwijono Moegiarso, explained that under these provisions, mining exporters who meet the criteria can place at least 30 per cent of their DHE SDA for a minimum of three months.

“This scheme differs from the general provisions for the non-oil and gas mining sector, which require the placement of 100 per cent of DHE SDA for at least 12 months,” said Susiwijono in a statement on Sunday, 30 August 2026.

He explained that this policy is directed towards three main objectives: (i) supporting macroeconomic stability and the deepening of the domestic financial market; (ii) encouraging development financing, particularly investment and working capital to accelerate natural resource downstreaming; and (iii) increasing investment and export performance from natural resource exploitation, management, and processing activities.

Based on data from the Export Customs Declaration (PPE) of the Directorate General of Customs and Excise (DJBC) for the period of March 2025 to July 2026, the government identified 537 tax identification numbers (NPWP) of mining exporters.

Following a matching process with data from the Directorate General of General Legal Administration (Ditjen AHU), 64 NPWPs, or approximately 12 per cent of the total, meet the criteria to utilise the Article 18A facility. This facility is optional for mining sector exporters who meet the requirements.

This facility is granted to exporters in the form of limited liability companies (PT) operating in the mining sector that have at least one shareholder from a partner country, where said shareholder holds at least a 10 per cent ownership stake.

Susiwijono explained that the government has designated five countries that meet the criteria as partner countries: the United States, China, Hong Kong, Australia, and Canada.

“These five countries are the nations with the largest investment values in Indonesia’s mining sector, and simultaneously hold bilateral trade agreements or other understandings/agreements regarding trade with Indonesia,” said Susiwijono.

In addition to providing relaxation regarding the amount and duration of placement, exporters utilising this relaxation may also place their DHE SDA in foreign exchange banks conducting business in foreign currencies.

Tags: bisnis
View JSON | Print