East Kalimantan Province Waits for the Sharing Profits

Dok. Istimewa
East Kalimantan Province Waits for the Sharing Profits

InfoSAWIT, SAMARINDA – Vice Governor of East Kalimantan Province, Hadi Mulyadi said, the provincial governor of East Kalimantan is still waiting for the sharing profits because the central government has approved the policy.

“It is being discussed, formulated, and there would be sharing profits from palm oil sectors,” he said, as quoted from Antara, Wednesday (3/8/2022).

He also mentioned, East Kalimantan and other regions do the best to put palm oil into the sharing profit scheme from the central to regional governments.

The province invited many governors where palm oil plantations grow to formulate the regulation and proposed it to the central government.

“In this case, many regions (provinces) and East Kalimantan are waiting for the decision,” he mentioned.

In the meantime, General Secretary in duty of East Kalimantan Province, Riza Indra Riadi said, the province would struggle for the sharing profits to the central government.

The schemes proposed are the additional components from natural resources which are taken from Out Fee and crude palm oil and its derivative exports

East Kalimantan proposed to get 90 percent allocation for the regions within details, 35 percent would be allocated for the province, 45 percent for the districts/cities, and 10% for other cities/districts in the province.

“Sharing profits from palm oil sectors is categorized in the public policy of Transfer ke Daerah dan Dana Desa (TKDD) in 2023 budget. The central government accommodated the proposals from 22 regions where palm oil plantation grows in Indonesia,” he said. (T2).