| 'Do not disturb Bea out coal exports' |
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| Wednesday, 10 February 2010 09:32 | |||
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JAKARTA:
The government imposes a duty plan out or coal export tax would not be
believed to have a significant effect on the performance of the mine's
commodity exports.
Minister of Energy and Mineral Resources (ESDM) Zahedy Darwin Saleh affirmed the determination of customs exit plan is not aimed at banning coal exports, but the priority needs in the country in stages, especially as a source of electrical energy. "Exports will have no effect because it [the plan setting out the coal duty]. It still continues we examine the remains to consider the impact on state revenues," he told Bisnis yesterday. According to him, a plan setting out the coal duty was still kept under review to set the presidential instruction. He said the Ministry of Energy and Mineral Resources will continue to conduct a national evaluation of the Instruction is to sync up with the relevant rules. "The decision finally was there at the Ministry of Finance, but of course there is a recommendation from us [the Ministry of Energy and Mineral Resources]. I have not made that recommendation." Darwin recognized the imposition of customs exit plan coal considering the domestic coal supply is still relatively small, ie about 15% -20% of total production compared with the export quota. On the other hand, the government saw the need for coal in Indonesia will increase the country, mainly to supply fuel power plants PT Perusahaan Listrik Negara. Related to concerns about a decrease in state revenue by the imposition of duties out of coal, he says, reducing fuel subsidies to PLN will reduce state expenditures.
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