Coal Chaos
Tuesday, August 19, 2008
THE price being paid by the government in the dispute over royalty payments with first-generation coal companies is too high. Indeed, the government has banned 14 senior executives of coal mining companies from traveling abroad. However, respect for the government fell when coal companies unilaterally refused to pay their financial obligations to the state. From 2001 to 2007, this unpaid amount comes to more than Rp7 trillion—which is more than
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