Bahlil and Finance Minister Meet to Discuss State Revenue, Minerba PNBP Rates Still Under Review
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia met with Finance Minister Purbaya Yudhi Sadewa at the ESDM Ministry office in Jakarta on Wednesday (13/5/2026) to discuss the synchronisation of cross-sectoral policies, including the optimisation of state revenues from the energy and mineral resources sector. The government is still reviewing adjustments to several fiscal instruments, including non-tax state revenues (PNBP) in the minerals and coal (minerba) sector.
Bahlil stated that the meeting also covered strengthening energy sovereignty programmes and accelerating village electrification. He emphasised the importance of coordination between energy and fiscal policies to ensure smooth implementation on the ground.
“One thing is that the Finance Minister and I are a good team in redeveloping the potential for state income in the ESDM sector,” Bahlil said.
Previously, Bahlil affirmed that plans to adjust minerba PNBP rates are still in the study and public testing phase. The government has not yet made a final decision and is still gathering input from business actors.
“What was socialised is not a decision. It’s just public testing, in a manner of speaking. Whatever input there is, we will evaluate it,” Bahlil said.
He explained that policy formulation is done gradually, starting from studies, socialisation, to impact evaluation. The government, he said, is still seeking a formula that balances state revenues and industry sustainability.
“I will hold off to build a good formulation that is mutually beneficial. The state benefits, but entrepreneurs must also benefit,” Bahlil said.
According to Bahlil, the review of rate adjustments is being conducted alongside the rise in prices of several mineral commodities that could create windfall profits. The government wants to ensure a more proportional sharing of benefits between the state and business actors.
“If mining management is such that entrepreneurs get more than 60 percent of the income, while the state only gets 30 to 40 percent, that’s unfair. But if the state already gets 60 to 70 percent, don’t add more. So, we’re just seeking balance,” he stated.
He also clarified that the government’s discussion is not solely about increasing royalties, but rather simulations of fiscal instruments in certain downstream sectors.
Finance Minister Purbaya Yudhi Sadewa said his side is still awaiting detailed calculations from the ESDM Ministry before the policy is finalised.
“Yes, we follow the ESDM Minister’s policy. Basically, there was a change after I spoke yesterday; it didn’t take long to change, just an hour or two after that, there was a change. Mr Bahlil called me, so we’ll follow it,” Purbaya said.
Purbaya noted that the potential additional state revenue from the new scheme is still being calculated. He estimated its value could reach more than Rp200 trillion, depending on the final policy formulation.