Investor Presentaiton
Non-Tax Revenue As Of March 2022 Increased
Mainly supported by natural resources
Non-Tax Revenue Rp99.1 T (29.5% of the budget target)
Oil & Gas Non-Tax Revenue grew by 113.2%
(37.9% of the budget) → ICP's Increase
Oil & Gas Non-Tax Revenue Realization as of Mar 2022
Non Oil & Gas Non-Tax Revenue grew by 70.3%
(41.8% of the budget) → minerals and coal price increase
Non Oil & Gas Non-Tax Revenue Realization as of Mar 2022
113.2
7.4
(46.7)
32.6 T
28.6 T
15.3 T
28.6 T
32.6 T
15.3 T
2020
2021
2022
Oil
Gas
Growth (%)
Driven by ICP realization in the past 2
months:
ICP Average Dec'21 - Jan'22 US$84.99 per barrel
(up by 58.1%)
ICP Average Dec'20 – Jan'21 US$53.77 per barrel
Oil lifting Feb 2022: 611 thousand barrel per
day → under budget target of 703 thousand
bpd
38.1
(22.2)
6.4 T
1593
8.8 T
1.6 T
1.4 T
13.4 T
7.5 T
2021
2022
Non-Minerals &Coal
Growth (%)
1.0 T
5.4 T
2020
Minerals &Coal
Non-Minerals &Coal: Forestry, Fishery, and Geothermal
Non-Tax Revenue of Minerals & Coal Rp7.1 T (up by 79.6%)
✓ Coal price avg Jan-Mar 2022: $173.4/ton (2021: $81.8/ton)
Nickel price avg Jan-Feb 2022: $20,651/ton (2021:
$16.987/ton)
Non-Tax Revenue of Fishery: Rp287.3 Bn (up by 218.1%)
The highest in the past 5 years (partly due to HPI adjustment)
The increased activities in the fishery sector
■Fishery business license increased: 1) Fishery boats: 696 licenses
(Mar 2021: 273). 2) General fishery: 1,502 licenses (Mar 2021: 963)
■Fishery exchange value Jan-Mar 2022 increased to 107 (2021: 103)
HPI Fishery Reference Price
Source: Ministry of Finance
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