With domestic output shrinking and export taxes increasing, the Indonesian government looks certain to miss their own imposed targets of exporting 450,000 tons of coffee this year.
As Benjamin Franklin once famously noted to Jean-Baptiste Leroy; “in this world nothing can be said to be certain, except death and taxes.”
If the thresholds had been achieved then the Indonesian government would likely have brought in $1.5bn. Instead they’ll have to settle for less, but it will still be a significant sum of money.
Not that everybody is happy about that – especially as lower exports were predicted back at the start of this year.