Suahasil: Revised Natural Resources Export Proceeds Rules to Increase US Dollar Conversion into Rupiah

Jakarta (ANTARA) — Finance Minister Suahasil Nazara said a planned revision to the rules on natural resources export proceeds (DHE SDA) would increase the share of export earnings converted from US dollars into rupiah.

“Changes to the DHE rules are being drafted, the main aim of which is to encourage a higher conversion rate for US dollars received as export proceeds,” Suahasil said at a Financial System Stability Committee (KSSK) press conference in Jakarta on Tuesday.

Suahasil explained that the proposal was one strategy to strengthen the domestic financial market.

“We want a higher proportion of those export proceeds to be converted, thereby strengthening our financial sector or financial markets,” he added.

The DHE SDA policy has been in force since 1 June 2026 under Government Regulation No. 21/2026.

Under the rules, natural resources exporters must place their export proceeds in special accounts at state-owned banks (Himbara).

For non-oil and gas sectors, exporters must place 100 per cent of their DHE SDA for 12 months.

For the oil and gas sector, exporters must place at least 30 per cent of their DHE SDA for a minimum of three months.

The policy also caps the conversion of DHE SDA from foreign currencies into rupiah at 50 per cent of a company’s total DHE SDA.

Trade Minister Budi Santoso also confirmed that the government was discussing changes to the DHE SDA policy.

Budi said discussions on the revision were continuing and that the government would consider input from exporters before deciding on any changes to the rules.

However, the Trade Minister said the revision was not related to the operations of PT Danantara Sumberdaya Indonesia (DSI).

“Actually, [the changes] have nothing to do with DSI. But there may be further changes later. Business proposals will be discussed and reviewed,” Budi said.