Indonesia Increases Mining Royalties to Support Prabowo's Ambitious Policies

In a significant move aimed at bolstering government revenue, Indonesia has announced a substantial hike in mining royalties. This decision is part of President Prabowo Subianto's broader strategy to finance ambitious development programs and infrastructure enhancements across the archipelago. The increase in royalties is a strategic effort to leverage the nation’s rich mineral resources, aligning economic growth with the government’s vision for national progress.

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