Freeport to Meet with Ministry of Finance to Discuss Exit Customs Rules, Head of BKF: No Need!

Head of the Fiscal Policy Agency (BKF) Febrio Kacaribu who was met by the media at the Directorate General of Taxes Building, Wednesday, August 16. (Photo: Maria Trisnawati/VOI)

JAKARTA - PT Freeport Indonesia (PTFI) is reported to be meeting with the Ministry of Finance to discuss the export duty regulations that were just signed by the Minister of Finance through (PMK) Number 71 of 2023.

Head of the Fiscal Policy Agency (BKF) Febrio Kacaribu emphasized that PTFI does not need to hold a meeting or meet with the Ministry of Finance because the regulations that apply are in accordance with statutory requirements.

"I don't think it's necessary. The statutory requirements are clear. We'll see and evaluate together," Febrio told the media at the Directorate General of Taxes building quoted on Thursday, August 17.

Febrio emphasized that this regulation was enacted to support domestic downstream policies. With this regulation, Febrio thinks it can accelerate the construction of smelters.

Febrio also referred to Government Regulation Number 37 of 2018 concerning Tax Treatment and Non-Tax State Revenue in the Mineral Mining Business Sector.

According to him, if referring to these provisions, the PMK that was implemented was in accordance with the government regulations.

"The PP has said it is prevailing. It means it is in accordance with the applicable laws and regulations. So no one is confused," continued Febrio.

Previously it was reported that the Deputy Minister of State-Owned Enterprises (BUMN) Kartiko Wirjoatmodjo revealed that PT Freeport Indonesia (PTFI) would meet with the Ministry of Finance to discuss regulations related to export duties.

"We will discuss a number of things later with the Ministry of Finance. Later Freeport will discuss them with the Ministry of Finance," said Tiko, Kartiko's nickname to the media, Monday, August 14.

Tiko said that Freeport would still ask for certainty from the Ministry of Finance. However, Tiko ensured that Freeport would not file a lawsuit against the Indonesian government.