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tax revenue
The extensification of tax must consider many factors. Do not allow economic gloom to cast a shadow over certain sectors.
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Weighing Tax Extensification
The extensification of tax must consider many factors. Do not allow economic gloom to cast a shadow over certain sectors.
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Tax Revenue Set Relatively High
Amidst the threat of inflation and global economic uncertainty, the government and the House of Representatives have set a high target for tax revenue in the draft 2023 state budget.
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Recovery Program Should Target the People
This year, Rp 699.43 trillion of the state expenditure totaling Rp 2.75 quadrillion was allocated for the PEN program, which is to be used for financing health, especially the national vaccination rollout.
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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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State Budget Under Pressure
The State Budget was increasingly pressured by the global economy between January and October this year. The budget deficit continues to widen due to a drastic fall in tax revenue growth.
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Deficit May Widen
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