Minister of Finance Purbaya Confirms Export Duty on Coal Will Be Imposed Next Year

JAKARTA. Starting in 2026, coal exports will officially be subject to export duties. This policy is being introduced to boost state revenue from the mineral and coal sector.

According to Minister of Finance Purbaya Yudhi Sadewa, the policy is not expected to weaken the competitiveness of Indonesian coal prices in the global market.

Citing bisnis.com, although the measure may reduce business profits, it will not be severe enough to jeopardize the industry, even though margins will decline.

Purbaya also highlighted the relatively small contribution of coal to state revenue compared to other mining commodities such as oil and gas.

In the oil and gas sector, under the Production Sharing Contract (PSC) scheme, the government can receive up to 85% of the production share, while contractors receive only 15%.

Gold Export Duty

In addition to coal, the government will also impose export duties on gold. The export duty will apply when the gold price exceeds US$3,200 per troy ounce, with a tariff of 15%.

If the gold price falls below US$3,200 per troy ounce, a lower tariff of 12.5% will be applied.

Citing bloombergtechnoz.com, the potential additional state revenue from the imposition of export duties on coal and gold is estimated to reach between Rp2 trillion and Rp6 trillion. (ASP/KEN)