PIXABAY/STOCKSNAP

The Government Is Ready To Implement The Revised Regulations For DHE SDA Starting March 1, 2025

Saturday, 22 Feb 2025

The government has completed the development of regulations for export earnings in foreign exchange (DHE). This regulation follows Government Regulation (PP) Number 8 of 2025, which was issued by President Prabowo Subianto recently. As a result, the government is set to implement a new policy for the placement of DHE from natural resources (SDA) starting March 1, 2025.

Susiwijono Moegiarso, Secretary of the Coordinating Ministry for Economic Affairs, stated that the technical regulations for DHE include the Minister of Finance Regulation (PMK), Bank Indonesia Regulation (PBI), and Financial Services Authority Regulation (POJK). "DHE will still be effective from March 1. There are no issues. The PP is done, the PBI is approved, the PMK changes are fine, and the OJK letter to the banks is all set. We are ready to proceed," he said during a meeting at his office in Jakarta on Friday, February 21, 2025.

Susi added that starting next week, the government will intensify outreach regarding the revised DHE SDA regulations to businesses and banks. "We will begin a marathon of socialization starting Monday. On Monday, it will be internal with the banks, as we need to discuss with them first since they are on the front line. On Tuesday and Wednesday, we will invite all sectors," he explained.

As a note, the new regulations effective in March will change the rules regarding the duration and percentage of DHE SDA placement. Under the old rules, at least 30 percent of DHE SDA had to be placed in a special foreign currency account for a minimum of three months. Now, 100 percent of DHE SDA must be placed domestically for one year. These DHE SDA regulations apply to the mining, plantation, forestry, and fisheries sectors.



Tag:



We would appreciate your comments
Comments are your responsibility according to the ITE Law.