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RI Is Only a Baggage of Rp1,315 Trillion, Tax Revenue Missed

NasionalIndonesia . Realization of tax revenue in the 2018 State Revenue and Expenditure Budget (APBN) missed the target. Recorded, the tax bag only contained Rp1,315.9 trillion per January 2, 2019, equivalent to 92.4 percent of the target of Rp1,424 trillion. Finance Minister Sri Mulyani Indrawati said tax revenues did not reach the target because non-oil and gas tax revenues only reached Rp1,251.2 trillion or 90.3 percent of the target of Rp1,385.9 trillion. Meanwhile, oil and gas income tax revenues (oil and gas PPh) reached 169.6 percent or Rp64.7 trillion. In fact, the target is only around IDR 38.1 trillion. According to Ani, his nickname, non-oil and gas tax revenues are still low because tax collection from several business sectors actually declined from last year. "The growth of tax revenue from the manufacturing industry grew 11.12 percent, previously 18.28 percent. Then, trade tax revenue was 23.72 percent, previously 25.09 percent," he said, at the Ministry of Fin...

RI Reference Price for Coal in January 2019 Declines

LensaAktual . Reference Coal Price (HBA) is still continuing the downward trend. The government set a January 2019 HBA of US $ 92.41 per ton, or slightly lower than last month which was set at US $ 92.51 per barrel. This is stated in the Minister of Energy and Mineral Resources (ESDM) Decree 01 K / 30 / MEM / 2019 regarding Reference Metal Mineral Prices and HBAs for January 2019. For information, HBA is a price obtained from the average index of the Indonesia Coal Index (ICI), the Newcastle Export Index (NEX), the Globalcoal Newcastle Index (GCNC) and Platts's 5900 in the previous month. Quality is equal to 6332 kcal per kilogram (kg) GAR, 0.8 percent total sulfur, 8 percent total humidity and 15 percent ash. The Head of the Communication, Public Information Services and Cooperation Ministry of the Supreme Private Ministry of Energy and Mineral Resources revealed that coal prices declined because China's coal imports were limited, while demand for other countries was relativel...