Customs and Excise Revenue to Miss 2026 Target, Purbaya Explains Why

Jakarta, CNBC Indonesia – The government projects that customs and excise revenue realisation by the end of 2026 will fall below target, resulting in a shortfall.

Realisation of customs and excise revenue in 2026 is estimated at Rp320.6 trillion, or 95.4% of the Rp336 trillion target set in the 2026 state budget, meaning a shortfall of Rp15.4 trillion.

Finance Minister Purbaya Yudhi Sadewa explained that the potential shortfall in customs and excise collections takes into account commodity price fluctuations, which are heavily influenced by an as-yet unconducive global economy.

“Commodity prices, if I remember correctly, hit their lowest point. Although they have risen recently, they are still not as high as last year,” he told reporters at the Juanda Building in Jakarta on Tuesday (21/7/2026).

“Given global conditions like these, sometimes they are good, sometimes they are not,” Purbaya said.

On that occasion, Purbaya rejected suggestions that the projected shortfall in customs and excise revenue was caused by the continued delay in implementing the export levy on coal.

“Well, that didn’t exist last year either, the coal export levy, so it is not from that.”

The plan to impose an export levy on coal commodity exports had actually emerged last year and was scheduled to take effect this year.

However, with the first semester over, the coal export levy has yet to be approved.

Minister of Energy and Mineral Resources Bahlil Lahadalia affirmed that no decision has been made regarding the planned implementation of the export levy on coal.

The government is still conducting studies to ensure the regulation to be issued will not disrupt investment in the national mining sector.

Bahlil has agreed with Finance Minister Purbaya Yudhi Sadewa to wait for the most appropriate formulation for the planned coal export levy policy.