26/05/2026
๐๐ก๐ ๐๐ ๐๐๐ญ๐ฌ ๐๐ง ๐๐ฑ๐๐ฆ๐ฉ๐ญ๐ข๐จ๐ง ๐๐ง๐๐๐ซ ๐๐ง๐๐จ๐ง๐๐ฌ๐ข๐ ๐๐๐ฐ ๐๐ฑ๐ฉ๐จ๐ซ๐ญ ๐
๐จ๐ซ๐๐ข๐ ๐ง ๐๐ฑ๐๐ก๐๐ง๐ ๐ ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง
Indonesiaโs export foreign exchange regulation is entering a new, stricter chapter. Effective June 1, 2026, the Indonesian government will enforce Government Regulation No. 21 of 2026, a significant revision to the previous PP No. 36 of 2023 governing foreign exchange earnings from natural resource exports.
The policy tightens how exporters in the mining, oil and gas, and other natural resource sectors must handle their foreign currency proceeds, while simultaneously carving out flexibility for countries holding bilateral trade agreements with Indonesia, including the United States. For foreign businesses operating or investing in Indonesiaโs resource sectors, this is one of the most consequential regulatory shifts in recent years.
Coordinating Minister for Economic Affairs Airlangga Hartarto confirmed the exemption arrangement directly. โThere are exemptions for partner countries. We will monitor them, one of which is, for example, the United States,โ he stated on May 22, 2026.
The announcement was measured but clear: Indonesia is not closing its doors to global trade partners. It is, however, drawing tighter boundaries around how export revenue flows through the domestic financial system, and on what terms exceptions are granted.
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Indonesia's export foreign exchange regulation is entering a new, stricter chapter. Effective June 1, 2026, the Indonesian government will...