Non-tax revenue from mineral, coal sectors reaches Rp 19.26t

The state non-tax revenue from the mineral and coal sectors as per October 10 reached 19.26 trillion, or 64 percent of the full-year target of Rp 30.1 trillion, Bisnis Indonesia reported on Thursday.

The paper quoted Director for Mineral and Coal Revenue at the Ministry of Energy and Mineral Resources, Jonson Pakpahan as saying that coal miners began to pay their financial obligations to the state in September.

He said that the payment is expected to peak in October. He, however, is still uncertain whether the full-year target can be achieved.

The government initially set the non-tax revenue from the mineral and coal sector for this year at Rp 40.8 trillion, but then revised it in June to Rp 30.1 trillion due to lingering drop in commodity prices.

The increase in coal price during recent months, however, provides hope that the non-tax revenue target for this year can be achieved. (*)