An Increase in State Revenues Indicates Economic Recovery
As of Feb. 28, 2021, state revenue realization reached a total of Rp 219.2 trillion, an increase of 0.7 percent compared to the same period last year.
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Screenshot of Minister of Finance Sri Mulyani Indrawati at a seminar on the network themed Potential Sovereign Wealth Fund (SWF) in Transportation Infrastructure Financing in Indonesia, Wednesday (3/3/2021).
JAKARTA, KOMPAS - The increase in state revenues from various types of taxes in February 2021 has indicated an encouraging sign of economic recovery in the country. However, the economic recovery will still face challenges, especially related to the handling of Covid-19 and the success of the vaccination program.
As of Feb. 28, 2021, state revenue realization reached a total of Rp 219.2 trillion, an increase of 0.7 percent compared to the same period last year. State revenue was mainly supported by the growth in excise revenues and the increase in export duties in line with rising commodity prices.