New Foreign Exchange Rules for Natural Resource Exports Take Effect Tomorrow, Purbaya: 100% Repatriation Mandatory
JAKARTA — The government has officially implemented new regulations regarding foreign exchange from natural resource exports (DHE SDA) effective 1 June 2026 through Government Regulation No. 21 of 2026. The policy aims to strengthen national economic resilience by increasing foreign exchange retention domestically.
Finance Minister Purbaya Yudhi Sadewa stated during a press conference at Danantara Building in Jakarta on Sunday (31 May 2026) that the government requires all natural resource exporters to repatriate DHE SDA domestically with 100% compliance.
“Natural resource exporters must repatriate DHE SDA domestically with 100% compliance,” Purbaya said during the press conference.
Under the regulation, non-oil and gas exporters must deposit 100% of DHE SDA in a dedicated domestic account for at least 12 months. Oil and gas exporters are required to hold a minimum of 30% of DHE SDA for a minimum of three months. The new rules take effect from 1 June 2026.
According to Purbaya, DHE SDA deposits must be made through state-owned banks (BUMN). The government also limits foreign exchange conversion to rupiah to a maximum of 50% to ensure effective management of export earnings.
From a regulatory perspective, the policy is designed to ensure natural resource exports have a greater impact on the domestic economy. The government believes optimising foreign exchange retention domestically will strengthen foreign currency liquidity, supporting exchange rate stability and funding national development.
Despite stricter obligations, the government has relaxed requirements for certain exporters, particularly in the mining sector, where companies with bilateral agreements or trade understandings with Indonesia are involved.
Under this scheme, exporters bound by bilateral agreements may place part of their DHE SDA in special accounts outside standard rules. They can hold a minimum of 30% foreign currency for three months and convert currency at non-state-owned banks.
Furthermore, the government has introduced tax incentives to encourage compliance with the new policy. These include lower income tax rates on earnings from DHE SDA placements compared to regular investments.
“The government offers tax facilities for exporters who comply with DHE SDA domestic placement requirements. Income tax rates on DHE SDA placement earnings can reach 0% depending on the deposit duration,” Purbaya said.
He explained that the facility offers more competitive advantages than conventional investments, which typically face tax rates up to 20%. Thus, the government aims to balance regulatory obligations with business incentives.
The government hopes the implementation of Government Regulation No. 21 of 2026 will increase domestic foreign exchange reserves, strengthen external sector resilience, and support national economic stability amid global economic dynamics.