Customs Ready to Support Natural Resource Export Proceeds Policy
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Indonesia's Directorate General of Customs and Excise is ready to support the implementation of Export Proceeds (DHE) from Natural Resources.
- The agency will also support the governance of exports for three key natural resource commodities.
- This initiative aims to improve the management and flow of export revenues from the natural resources sector.
The Directorate General of Customs and Excise in Indonesia has announced its readiness to back the new policy on Export Proceeds from Natural Resources (DHE SDA). This move is part of a broader effort to enhance the management and oversight of export revenues derived from the nation's natural resources.
The agency will specifically support the implementation of regulations concerning DHE SDA, which mandates that exporters deposit their foreign exchange earnings into the domestic banking system. This policy aims to increase the supply of foreign currency within Indonesia, thereby strengthening the rupiah and supporting the national economy.
Furthermore, Customs and Excise will assist in the governance of exports for three primary natural resource commodities. While the specific commodities are not detailed in the provided text, this focus suggests a strategic approach to managing key sectors of Indonesia's resource-based economy. The goal is to ensure that these exports are conducted efficiently and in compliance with national regulations.
Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.