Exporters to deposit full amount of foreign exchange with Bank Indonesia from next month

President Prabowo announced strategic policies to strengthen the country's economic resilience by mandating that foreign exchange earnings from natural resource exports (DHE SDA) be stored domestically.Exporters in the mining (except oil and gas), plantations, forestry and fisheries sectors are required to store all of their foreign exchange earnings from natural resource exports in special domestic bank accounts in the national financial system for at least 12 months. The oil and gas sector continues to refer to the provisions of Government Regulation No. 36 of 2023. The government expects an increase in foreign exchange earnings from exports of about US$80 billion in 2025, which could be worth more than US$100 billion if implemented throughout the year. Exporters still have flexibility in the use of funds, which can be converted to rupiah for operations, tax payments, etc. Exporters who do not comply will face the sanction of suspension of export services, which came into effect on March 1, 2025 and is regularly evaluated.