*As seen on our tweet:*

[image: Inline image 1]

CS:

*After some confusing statements from the government officials on export
tax for minerals, the Director General of Mining and Energy finally made
the statement that the export tax would be applied on raw ore exports, not
coal. The news has confirmed our view that the export tax would not be
applied on coal exports, as the government would have more to lose than
gain.*

Credit Suisse Kamis 19 April: Resmi rilis Pemerintah RI Terapkan Pajak
Ekspor atas Bijih Tambang (*Ore*) BUKAN Batubara (http://tinyurl.com/c3do48q
)
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