Airlangga Wants to Withdraw Indonesian People's Money in Singapore Here's the Ta

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Coordinating Minister for the Economy Airlangga Hartarto said the government wanted to withdraw money from Indonesians in Singapore. This is done by holding Export Proceeds (DHE) in Indonesia. Airlangga said Indonesia would prepare a stimulus so that foreign exchange could be parked domestically. Indonesia will use policies in Singapore as its benchmark. "So exporters don't just park in Singapore, pay debts there, escrow there, now we want to withdraw them to Indonesia,said Airlangga at the B-Universe Economic Outlook 2023 event, Tuesday. He said the government was preparing regulations to hold export proceeds (DHE). Later foreign exchange must be held for 3 months.

This policy was taken to anticipate the steps taken by the United States central bank, The Federal Reserve. Also read: Government to Lock Foreign Exchange Export Proceeds for 3 Months, Target IDR 755 T From the export proceeds, according to Airlangga australia phone number list they are required to be detained in Indonesia for 3 months. About 30% of foreign exchange earned from exports is retained. The potential is that Indonesia can collect foreign exchange of up to US$ 50 billion or around Rp. 755 trillion (exchange rate of Rp. 15,100). "From our calculations, if we can reserve 1 year, it could be US$ 40-50 billion. If this is done this year, it will be extraordinary," said Airlangga.



According to him, what Indonesia has done to hold foreign exchange is not as extreme as other countries. In Thailand, Malaysia, and even Turkey, they had to withhold export earnings for almost a year. In fact, in Thailand and Malaysia, foreign exchange earned from exports must be converted into local currency. Also watch the video: Erick Responds to the Opportunity to Advance in the 2024 Presidential Election Through KIB Baca artikel detikfinance, "Airlangga Mau Tarik Uang Orang RI di Singapura, Teten Reveals the Only Way to Pay Compensation for Prosperous KSP Victims Aulia Damayanti - e Tuesday, 14 Feb 2023 15:07 WIB Menkop UKM Teten Masduki/Photo: Kemenkop UKM Jakarta -The remaining time for compensation for victims of default on the KSP Sejahtera Bersama Cooperative  is two more years, to be precise in 2025.