Government Regulation (PP) Number 8 of 2025 concerning Foreign Exchange Proceeds from Natural Resources Exports stipulates that 100% of foreign exchange proceeds from natural resource exports must be retained within the country for a period of one year. Exporters are permitted to utilise these deposits for operational purposes, with the government's aim being to ensure the sustainability of their businesses. Foreign exchange earnings from natural resource exports can be deposited in specified accounts, facilitating their conversion into Rupiah (IDR) at banking institutions that offer foreign exchange services.
Foreign Exchange Proceeds from Natural Resources Exports storage is designated for expenditures in foreign currencies related to tax obligations, non-tax state revenues, and other government-mandated payments, as stipulated by law. Additionally, dividend payments in foreign currencies are permitted. Payment for the procurement of goods and services in foreign currency in the form of raw materials, auxiliary materials/capital goods that are not yet available, or partially available but the specifications do not meet in the country, is also permitted. The implementation is exempted from the mining sector in the form of oil and gas. The percentage of Foreign Exchange Proceeds from Natural Resources Exports that must remain placed is at least 30% for a minimum placement period of 3 months from the placement in the DHE SDA specified account. Violation of this regulation will result in administrative sanctions, including the cessation of exports.
