Indonesian Political, Business & Finance News

Read this! The full details of the socialisation of the new DHE rules for natural resource exporters

| Source: CNBC Translated from Indonesian | Regulation
Read this! The full details of the socialisation of the new DHE rules for natural resource exporters
Image: CNBC

Jakarta, CNBC Indonesia – Coordinating Minister for Economic Affairs Airlangga Hartarto held a socialisation on the implementation of the placement of foreign exchange proceeds from exports (DHE) of natural resources (SDA) with a number of associations of natural resources sector entrepreneurs, on Thursday (21 May 2026). The meeting took place at the Coordinating Ministry for Economic Affairs building and was also attended by Bank Indonesia Governor Perry Warjiyo and OJK Chairman of the Board of Commissioners Friderica Widyasari Dewi. As known, under the provisions in Government Regulation (PP) No. 21 of 2026, 100% of the DHE must be parked in the state-owned bank alliance (Himbara) and must retain 30% of the DHE for 3 months for the oil and gas sector and 100% for 12 months for the non o il and gas sector in a dedicated account. “For bilateral trade agreements or understandings or agreements on DHE-SDA originating from the mining sector, the retention placement must be at least 30% for 3 months and may be placed in non-Himbara banks. The conversion cap of DHE from foreign exchange to rupiah was lowered from 100% to a maximum of 50%,” Airlangga said during the meeting. In the same occasion, BI Governor Perry Warjiyo explained that with the enactment of the new DHE regulation, namely Government Regulation No. 21 of 2026, BI must prepare instruments to utilise 100% DHE that must be placed in Himbara from 1 June 2026. This includes non-Himbara banks which can also serve as places to place the DHE exporters engaged in trade with countries that have bilateral trade agreements with the Indonesian government. “This is perhaps the most important thing: how DHE placed within the banking system, in the Himbara banks, is truly used for the economy, also used for entrepreneurs, so we are expanding instruments for the optimisation, placement and utilisation of these SDA DHE,” Perry said. He noted that the first instrument BI will strengthen, with the eventual issuance of a new Bank Indonesia Regulation (PBI), would be to provide term deposit instruments as the place for placement of the exporters’ SDA DHE, whereas previously it was only in the form of a dedicated SDA DHE account instrument. Meanwhile, the Financial Services Authority (OJK) is preparing two main relaxations to be granted to the banking industry. First, the DHE SDA funds may be treated as cash collateral as long as they meet the requirements, as regulated in OJK provisions on asset quality of banks, including sharia banks and sharia unit businesses applicable. The other incentive is that the portion of funds provided that are guaranteed by cash collateral of the DHE SDA, as long as certain conditions are met, can also be exempted from BMPK calculations or the maximum credit provisions. “This is a form of support to ensure the implementation of the DHE SDA Government Regulation continues to provide room for banks to support business needs without neglecting prudence,” said OJK Chairman Friderica Widyasari Dewi. As a follow-up, OJK will issue letters to all boards of directors of commercial banks. The letters will detail the support and role of OJK in implementing the placement of DHE SDA as required by relevant ministries/agencies. “The letter will inform the form of OJK’s support in implementing the regulation, including the data and information support requirements needed by the ministries or agencies involved,” she said. The following associations were present at the socialisation today: 1. Kadin (Chamber of Commerce and Industry) 2. APINDO 3. IMA 4. FINI 5. ABI 6. AETI 7. Aspermigas 8. AMCHAM 9. US-ASEAN Business Council (USABC) 10. AIMMI 11. APNI 12. APROBI 13. GAPKI 14. EUROCHAM 15. APBI 16. GIMNI 17. APOLIN 18. Indonesian Petroleum Association (IPA)

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