Increase State Revenue, Government Increases Royalties Of Gold To Nickel

JAKARTA - Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia stated that the government plans to increase the percentage of royalties on mineral and coal commodities, including gold and nickel.

This was conveyed by Bahlil to reporters after holding a limited meeting with President Prabowo at the Presidential Palace Complex, Jakarta, Thursday, March 20.

This will increase state revenues because nickel and gold prices, according to Bahlil, are in good condition. The number of increases, according to Bahlil, will be in the range of one to three percent.