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Indonesian president orders greater share of mining benefits for the state - Reuters

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In short

The Indonesian head of state has instructed authorities to secure a larger portion of mining yields for the country. Under this executive mandate, national interests are positioned to take a higher return from natural resource operations. The administration is focused on ensuring resource exploitation delivers more substantial benefits directly to the public sector.

Key points

  • Government policy is actively shifting to extract higher state revenues from the domestic…: Government policy is actively shifting to extract higher state revenues from the domestic mining industry.
  • The Indonesian presidency has established a clear priority to elevate public gains from n…: The Indonesian presidency has established a clear priority to elevate public gains from national mineral wealth.
  • Resource extraction entities will face stronger state expectations to deliver broader eco…: Resource extraction entities will face stronger state expectations to deliver broader economic benefits to the

Indonesian president orders greater share of mining benefits for the state    Reuters

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