Govt to disburse Rp 6 billion to West Nusa Tenggara soon
Saturday, February 19 2000 - 04:00 AM WIB
The central government would soon disburse Rp 6 billion in development fund to the West Nusa Tenggara province soon, Lombok Post reported.
A member of the West Nusa Tenggara provincial council, Abubakar Muchdi, said on Friday the information on the disbursement of the fund was given to the provincial councilors during a recent visit to Jakarta.
The paper did not provide details whether the fund was part of the government's earnings from the operation of copper and gold mining company PT Newmont Nusa Tenggara in Sumbawa regency.
Muchdi said during the visit, the councilors were also informed that Newmont would pay $384,338.57 in copper royalty, $32,480.85 in gold royalty and $1,451.97 in silver royalty to the government this year but he did not provide details the amount of royalties to be received by the West Nusa Tengagara province.
Muchdi also said Newmont would also pay Rp 2 billion in vechicle-ownership transfer tax to the province this year. (*)