Banjarmasin Receives IDR 45 Billion in Coal Mining Royalties

The Head of the Regional Financial, Revenue, and Asset Management Agency (BPKPAD) of Banjarmasin City, South Kalimantan, H. Edy Wibowo, revealed that the local government received royalties from coal mining companies worth IDR 45 billion.

According to him in Banjarmasin, Thursday, although there is no coal mining sector in the City of a Thousand Rivers , the latest policy has received a share of coal management royalty revenue in South Kalimantan Province, namely PT Arutmin and PT Adaro Indonesia.

"So this is our regional income for 2025," he said.

According to him, the income from royalties from coal mining has been included in the determination of the 2025 Revised Regional Budget, namely a total of IDR 2.5 trillion.

Edy explained that royalties from the two mining companies are the profits set aside to be distributed to the provincial government and local governments in 13 regencies/cities.

"The profit is around 5 percent," he said.

He said, the 5 percent profit set aside consists of 2.5 percent for the province, 2 percent for the district where the mining area is located.

The remaining 0.5 percent, he said, is distributed to districts/cities that do not have the "black gold" natural resources, including Banjarmasin City.

"Our region is not a coal mining producer, so we get 0.5 percent," he said.

According to Edy, the profit sharing payments, termed coal "dust" money for regional data collection, are calculated from 2023 and 2024 and paid in 2025.

Of course, said Edy, this income is very important for financing regional development and community welfare.

"We are grateful to the provincial government for paying attention to the Banjarmasin region," he said.

Source: https://kalsel.antaranews.com/berita/480813/banjarmasin-terima-royalti-tambang-batu-bara-rp45-miliar

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