Indonesia mulls coal export tariff to curb illegal trading

Indonesia is drafting regulations to impose export tariffs on coal as part of efforts to curb widespread under-invoicing and illegal trading while also boosting state revenue at the same time, Finance minister Purbaya Yudhi Sadewa has said.

Local media reports quote Purbaya as saying that the Ministry of Finance is working closely with the Ministry of Energy and Mineral Resources (ESDM) to formulate the export duty mechanism. The proposal has been under consideration for around four months, though key details – including tariff levels and the