TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Indonesia revives excise plan on plastics, sweet drinks

  • Adrian Wail Akhlas

    The Jakarta Post

Jakarta   /   Thu, February 20 2020   /  01:48 am

Indonesia is planning to impose an excise on plastics, fossil-fuel vehicles and sweet drinks in a move aimed at reducing their adverse environmental and health effects, Finance Minister Sri Mulyani Indrawati has said.She said the planned excise would reduce plastic consumption by up to 50 percent, adding the government would likely receive an excise of Rp 1.6 trillion (US$116.6 million) each year.“We are hoping that this will make plastic producers transform into producers of environmentally friendly goods,” the minister told House of Representatives Commission XI overseeing financial affairs. Sri Mulyani said the excise only made sense today as it would unify regulations recently issued across the country.Several provinces across Indonesia have announced a ban on plastic bags, the latest ones being Jakarta and Bali, with consumers’ and producers’ awareness of sustainable consump...