ICN News – The Government officially implemented Government Regulation (PP) No. 21 of 2026 starting June 1, 2026. Through this regulation, the Government requires exporters to repatriate and place their export proceeds domestically through Government Regulation (PP) No. 21 of 2026 concerning the third amendment to Government Regulation No. 36 of 2023 regarding Export Proceeds (DHE) from activities related to the exploitation, management, and/or processing of natural resources (SDA).
Through PP No. 21 of 2026, effective June 1, 2026, the Government officially appointed the state owned enterprise PT Danantara Sumberdaya Indonesia (PT DSI) to begin carrying out its role under a single window export governance scheme, which will be implemented gradually for coal, palm oil, and ferro alloy commodities.
PT DSI has been specifically designed to operate as a single export agency that will manage and oversee all sales activities of strategic commodities to international markets, with coal becoming one of its main focuses alongside crude palm oil (CPO) and ferro alloys.
For Indonesia’s national coal mining sector, the implementation of PT DSI’s role as of June 1, 2026 marks a crucial transition phase in the country’s coal industry policy. This export centralization policy requires all mining companies in Indonesia to channel their export volumes through an integrated system directly coordinated by PT DSI.
The Indonesian Coal Mining Association (APBI) acknowledges that this strategic measure is primarily aimed at improving trade transparency, optimizing state foreign exchange earnings, and ensuring stricter supervision over the flow of energy commodities to international markets, following the Government’s findings of numerous under invoicing and transfer pricing practices.
In line with the implementation of PP No. 21 of 2026, Finance Minister Purbaya Yudhi Sadewa explained that exporters of oil and gas (migas) commodities are required to place a minimum of 30% of their natural resource export proceeds (DHE SDA) for at least three months. Meanwhile, exporters of non oil and gas commodities are required to place 100% of their DHE SDA in a designated domestic account for a minimum period of 12 months.
The placement of export proceeds must be conducted through bank accounts held by members of the State Owned Banks Association (Himbara). Although the placement of DHE SDA is mandatory through Himbara member banks, Purbaya stated that there is relaxation provided for exporters in the oil and gas and non oil and gas mining sectors whose buyers are located in Indonesia’s trading partner countries that have established bilateral agreements or trade cooperation arrangements.
To maintain future industrial stability, business certainty, and the continuity of national export flows, business players believe that the Government needs to give special attention to the following strategic aspects :
- Gradual Implementation Based on Sector Characteristics
- Legal Certainty and Business Mechanisms
- Transparent and Efficient Governance of Danantara SDI
- A Transparent and Credible Digital Platform that Ensures Data Confidentiality
- Establishment of Sector Specific Technical Forums
- Socialization to Buyers/ Importers
Particularly in Indonesia’s national coal industry, the Indonesian Coal Mining Association (APBI), in its official statement to the press (June 1, 2026), explained that it understands the implementation of PP No. 21 of 2026 is intended to improve trade transparency, prevent under invoicing and transfer pricing practices, and ensure that DHE SDA provides an optimal contribution to the national economy.
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This article can be found in the June–July 2026 issue of ICN News Magazine
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