Jakarta, Nov. 20 -- Indonesian Minister of Finance Purbaya Yudhi Sadewa stated that the government aims to raise up to Rp6 trillion (around US$358 million) in state revenue from gold export duties introduced under a new mechanism.

"I don't remember the precise figure, but I believe it's between Rp2 trillion and Rp6 trillion," he told the press in Jakarta on Thursday.

The minister noted that the government decided to start levying duties on gold exports with the dual objectives of boosting state revenue and obtaining a clearer picture of the actual value of Indonesian gold products.

"In other words, we seek to look into the actual figure of revenue this country can generate from gold mining," the state treasurer remarked.

Earlier, on M...