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Presidential Regulation RI No.26 2010 (National/Local Extractive Industry Revenue)

PRESIDENTIAL REGULATION REPUBLIC OF INDONESIA
NUMBER 26 YEAR 2010

REGARDING
TRANSPARENCY OF NATIONAL/LOCAL EXTRACTIVE INDUSTRY REVENUES

BY THE GRACE OF THE ALMIGHTY CREATOR
THE PRESIDENT OF THE REPUBLIC OF INDONESIA,

Considering:

a. That the use of extractive resources, which are non-renewable, should be done efficiently and effectively in order to advance general prosperity.

b. That the management and use of natural resources must be done in accordance with the principles of good governance, including transparency, the inclusion of relevant stakeholders, openness, sustainable development, and the improvement of the investment climate.

c. That based on the considerations in points a and b, there is a need for establishing a Presidential Decree on Transparency of National/Local Extractive Industry Revenues.