JAKARTA - Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, revealed that Non-Tax State Revenue (PNBP) from the ESDM sector during the first semester reached IDR 138.8 trillion, or 54.5 percent of the IDR 254.5 trillion target.
Bahlil detailed that this achievement consisted of IDR 57.3 trillion from oil and gas, IDR 74.2 trillion from minerals and coal, IDR 1.09 trillion from New, Renewable Energy and Energy Conservation (EBTKE), and IDR 6.2 trillion from other sectors.
"So, realization has reached 54.5 percent," Bahlil said at the Ministry of Energy and Mineral Resources' First Semester Performance Achievement Press Conference on Monday, August 11.
Bahlil stated that President Prabowo Subianto had also warned him not to decrease state revenue from the energy and mineral resources sector. Therefore, he continued, the Ministry of Energy and Mineral Resources continues to take various steps to comply with this directive.
"The President has given us a target: we must not let PNBP (Non-Tax State Revenue) decline," Bahlil continued.
According to Bahlil, the Ministry of Energy and Mineral Resources (ESDM) is continuing to pursue its PNBP revenue target despite the decline in oil and commodity prices, such as coal.
"Imagine, amidst the volatility of falling oil prices and falling coal commodity prices, we must still strive to reach IDR 254.5 trillion. And this is the target set by the President," Bahlil continued.
The former Minister of Investment/Head of the Investment Coordinating Board (BKPM) stated that PNBP from the ESDM sector contributes at least 10 to 12 percent of the total State Budget (APBN).
This contribution, Bahlil said, does not include corporate income tax (PPh) from the oil and gas sector.
"That's PNBP, after all. So, ESDM is one of the keys to the state's ability to generate revenue and simultaneously fulfill the mandate of Article 33," Bahlil concluded.
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