Government Regulation 8 of 2025
Government Regulation 8 of 2025 amends the existing Government Regulation 36 of 2023 concerning foreign exchange from export activities and processing of natural resources, with a view to supporting sustainable development and economic resilience in Indonesia. The regulation comes into effect on 1 March 2025.
The regulation requires exporters in the the mining (except oil and gas), plantation, forestry, and fisheries sectors, to retain 100% of foreign exchange in a special account in the national financial system for a minimum period of 12 months.
Exporters are permitted to use the retained foreign exchange for converting to Indonesian Rupiah (IDR) at the same foreign exchange bank, payment of tax and non-tax revenue, dividend distribution, procurement of goods and services, and loan repayments.
Exporters who fail to comply with the regulation are subject to administrative sanctions and penalties, including the suspension of their export privileges.
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