New Regulation on Export Proceeds from Natural Resources Yet to Be Issued, Purbaya Reveals the Culprit

Jakarta – Finance Minister Purbaya Yudhi Sadewa has acknowledged that the draft regulation on Export Proceeds from Natural Resources (DHE SDA) is still being perfected due to several revisions that must be made. This, he stated, is the reason why the new DHE SDA document has yet to be issued. He explained that the revisions in question include requests for exemptions from several parties within the regulation. However, Purbaya did not detail which sectors or parts are undergoing changes. “There are minor revisions because some parties have requested exemptions, and the President has agreed since it is not detached from our intention to implement DHE,” Purbaya said during a conversation with the media in the Ministry of Finance area, Jakarta, on Tuesday, 7 April 2026. Purbaya assured that the new DHE SDA regulation will still be issued, expected in April 2026. “DHE’s actual purpose is to retain domestic funds, where loans use domestic money, using domestic resources but the profits are used abroad,” he stated. The government is known to be revising Government Regulation (PP) No. 8 of 2025 on DHE SDA. However, to date, this revision has not yet been implemented. The revision aims to lock in foreign exchange liquidity domestically to strengthen foreign reserves and maintain rupiah stability. In the Ministry of Finance’s Domestic Foreign Exchange Liquidity Strengthening Policy Strategy document, it is stated that the new regulation will require the placement of exporters’ DHE foreign currency in banks of the State-Owned Banks Association (Himbara). In addition, the latest provisions also lower the DHE foreign currency conversion limit to rupiah from the previous 100% to a maximum of 50%.