PALMOILMAGAZINE, JAKARTA – The Sistem Informasi Pengelolaan Mineral dan Batu Bara (Simbara) has traditionally excluded crude palm oil (CPO) from its governance framework. However, the proposal to include CPO in Simbara has gained traction following a recent statement by Finance Minister Sri Mulyani.
“We hope that in the coming years, all mineral commodities, including CPO, will be integrated into Simbara,” Sri Mulyani said, as reported by Palmoilmagazine.com from Detikcom on Wednesday, July 24, 2024.
She explained that Simbara aims to enhance the governance of natural resources through an integrated system. The government plans to improve services, strengthen monitoring systems, and optimize revenue collection via Simbara.
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The proposed expansion of Simbara is expected to streamline business processes. Sri Mulyani added that it would ensure greater synergy among ministries and institutions, preventing the issuance of conflicting regulations.
“We eventually would face the same companies for the same commodities, the same people and goods. These would be running together with the same documentation and cash flow,” Sri Mulyani said.
She also reminded that mineral and coal commodities would be vital and put Indonesia in the strategic position. She thought, one ministry could not manage them alone. There should be synergy and collaboration and these should be a must.
The expansion of Simbara for other commodities was also said by General Director of Budget Ministry of Finance, Isa Rachmatarwata. It was coal, now it gets expansion to nickel and tin, in the future, it would be bauxite, gold, and copper. (T4)
