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