The Ministry Of Finance Reveals The Implementation Of Simbara Contributing IDR 7.1 Trillion To State Revenue

Director General of Budget at the Ministry of Finance Isa Rachmatarwata (Photo: Antara)

JAKARTA - Director General of Budget at the Ministry of Finance Isa Rachmatarwata conveyed that through the implementation of the Ministry of Ministry/Institutional Coal and Mineral Information System (Simbara) it has provided revenue for state revenue of IDR 7.1 trillion.

"For state revenues, among others, the prevention of illegal mining (unlicensed mining) modes of IDR 3.47 trillion, additional state revenue from analytic data and risk profiling from business actors worth IDR 2.53 trillion, and settlement of receivables from the implementation of the automotic blocking system. Simbara IDR 1.1 trillion," he said in Launching and Socialization of the Implementation of Nickel and Timah Commodities through Simbara, Monday, July 22.

Isa conveyed that with a positive achievement from Simbara, the Government again strengthened the Simbara ecosystem by adding nickel and tin commodities in it because it had great economic value for Indonesia, after coal.

"Today we are expanding for nickel and tin, whose role is increasingly strategic to support the domestic and global economy," he explained.

Isa said Indonesia is one of the largest nickel and lead producers in the world. Meanwhile, nickel reserves in Indonesia reach around 21 million tons or about 24 percent of the world's total reserves.

While the second tin reserves are ranked second in the world with a total of 800 thousand tons or 23 percent of the world's total reserves.

In 2023, nickel production volume in Indonesia will reach 1.8 million metric tons and rank first in the world with a contribution of 50 percent of total global nickel production.

Meanwhile, tin production volume of 78,000 tons is ranked second in the world with a contribution of 22 percent of global tin production.

Therefore, Isa conveyed through Simbara that it is hoped that nickel and lead governance will be stronger to provide services and commodity governance, starting from the side of preventing illegal mining, strengthening additional non-tax state revenue deposits (PNBP), to forcing companies to pay their receivables.

Isa said that in the future the Government would expand again by adding several other commodities such as bauxite, gold, and copper.

"And in the coming years we will continue to develop Simbara for other commodities such as bauxite, gold, and copper," he said.