The Indonesian government is accelerating the implementation of export duties on coal and nickel. Finance Minister Purbaya Yudhi Sadewa recently disclosed that President Prabowo Subianto has approved the specific rates for the export duties, with an inter-ministerial coordination meeting scheduled for March 26, 2026, to finalize the implementation details.
Speaking at a media briefing at the Ministry of Finance, Purbaya stated that the President has made a decision on the rates, and subsequent meetings will focus on technical execution aspects. Although he did not disclose the specific rates, he had previously indicated that the coal export duty would adopt a tiered structure, with rates set at 5%, 8%, or 11% depending on coal price levels.
According to current plans, barring any major obstacles at the meeting, the coal export duty and the new levy on nickel are expected to take effect starting April 1. Purbaya also noted that if fossil energy prices remain persistently high, the policy implementation could be accelerated to further boost state revenue through export duties.
Written by Cora Ji, jiruyan@mysteel.com
