Based on the statistical data released by the Directorate General of Taxes of the Ministry of Finance as of Monday (26/9), it is recorded that 171,592 participants have submitted their Asset Statement Letters (SPH) to take part in the Tax Amnesty program. According to the Directorate, the total asset declaration is recorded at Rp1.869 trillion, […]

The Indonesian Government will revise Government Regulation Number 79 of 2010 on Operating Costs that can be Recovered and Treatment of Income Tax in Upstream Oil and Gas Business Sector. Minister of Finance Sri Mulyani Indrawati in a press conference on Friday (23/9), explained the direction and policies of the Government Regulation Number 79 of […]

To anticipate oil and gas exploration and exploitation activities slowing down, the Government finds it necessary to revise Government Regulation Number 79 of 2010 on Refundable Operating Costs and Income Tax Treatment of Upstream Oil and Natural Gas. Minister of Finance Sri Mulyani Indrawati said that at the moment, exploration activities in Indonesia, from the […]

President Joko “Jokowi” Widodo realized that law enforcement in Indonesia has not provided deterrent effects for the offenders yet; thus, he is committed to law enforcement reform in Indonesia. President Jokowi also declared his commitment to resolve old cases of serious violation of human rights against human rights activist Munir Said Thalib, as well as […]

President Joko ‘Jokowi’ Widodo expressed his optimism about the success of the Tax Amnesty program. In a dialog with economists and businessmen at the Merdeka Palace on Thursday (22/9), President Jokowi highlighted the growing trust of the people to the Government that the President considers ‘more important’ than figures that have been obtained. “Until now, […]

Although several international institutions including International Monetary Fund (IMF), the World Bank, and Organisation for Economic Cooperation and Development (OECD) have predicted that the world still suffers from economic slowdown, President Joko “Jokowi” Widodo said that there are opportunities to maintain Indonesia’s economic growth. President Jokowi, in the meeting with several economists, analysts, and representatives […]

President Joko “Jokowi” Widodo, represented by Presidential Chief of Staff Teten Masduki, handed over Rp1.3 billion assistance to the victims of flash flood and landslide in Garut Regency, West Java, on Thursday (22/9). As we all are aware, the flood and landslide affect 7 subdistricts in Garut. So far, the disaster causes 23 people die […]

President Joko “Jokowi” Widodo on Thursday (22/9) at the Merdeka Palace Jakarta, received Indonesian Paralympic athletes participating in the Rio 2016 Paralympics, Brazil. At this year’s Paralympics, Indonesia won a bronze medal. Minister of Youth and Sports Imam Nahrawi who accompanied the President in the event said that the Government would award the athletes in […]

The Indonesian Government is seeking to accelerate development in the Unitary State of the Republic of Indonesia’s border areas.The management of border areas does not only concern development of those areas and equality of prosperity of living in those areas, but also security issues, Indonesian Minister of Home Affairs Tjahjo Kumolo said. Minister Tjahjo added […]

Subsidy expenditure based on the 2016 Revised State Budget (APBN-P) amounted to Rp177.8 trillion or about 13.6 percent of the total Central Government expenditure. From the amount, Rp94.4 trillion or 53 percent is allocated to energy sector, while the remaining Rp83.4 trillion or 47 percent of the total amount is allocated to non-energy sector. Furthermore, […]