Minister Of Finance Purbaya Opens Opportunities For Coal Exit Customs To Apply In 2026

JAKARTA - Minister of Finance Purbaya Yudhi Sadives opens the opportunity for the imposition of duties to be issued to coal commodities to take effect in 2026. So far, the government is still reviewing the potential of the plan.

"It's being discussed, maybe next year (implemented)," said Purbaya at the Office of the Coordinating Ministry for the Economy, Jakarta, quoted by Antara, Thursday, November 27.

The Minister of Finance explained that the plan to impose coal outage duties considers that the government's revenue from exports of this commodity is relatively smaller than other commodities.

He compared the oil and gas (oil and gas) commodities that have a product sharing contract scheme (PSC) cost recovery that was previously in effect.

"For ancient PSCs, the sharing contract was 85:15.85 for the government, 15 for oil (companies). Coal is smaller than that. This can still be increased again without disturbing the industry itself," he said.

Even though they will wear out duties, Purbaya guarantees that Indonesia's competitiveness in coal products in the international market will not be affected. However, the profits received by entrepreneurs are likely to decrease.

"There is no (likely Indonesian coal is not competitive). Only for those (industrial actors) there will be fewer. If he (the industry actor) increases the price, then it doesn't sell (later)," he added.

The plan to impose coal outage duties is sticking out in conjunction with the gold exit fee plan in 2026. This discourse aims to increase state revenue.

Specifically regarding gold, Purbaya targets an increase in state revenues of around Rp. 2 trillion (6 trillion) from the implementation of this commodity exit fee.

Meanwhile, the Director General of Economic and Fiscal Strategy at the Ministry of Finance (Kemenkeu) Febrio Kacaribu revealed that the relevant ministries and institutions agreed on the amount of gold exit duties of 7.5 percent to 15 percent to strengthen state revenues and downstream commodities.

He stated that the Minister of Finance Regulation (PMK) related to the duties would soon be issued, considering that the policy was a mandate from the 2026 State Budget Law.