Indonesia’s 2024 State Budget (APBN) Deficit Rp507.8 Trillion, Lower Than Projection
Jakarta, Indonesia Sentinel -- Indonesia’s Finance Minister (Kemenkeu) Sri Mulyani Indrawati reported that the 2024 state budget (APBN) ended with ...
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Tag: Sri Mulyani
How 12% Indonesia VAT on Luxury Items Affects Consumers and Businesses
Jakarta, Indonesia Sentinel -- Starting January 1, 2025, Indonesia will enforce a 12% Value-Added Tax (VAT) on luxury goods, as ...
Government Confirms 12% VAT Exempt Essential Goods and Services in Indonesia, Here’s the List
Jakarta, Indonesia Sentinel -- President Prabowo Subianto has reiterated that the the Value-Added Tax (VAT) rate increase to 12% will ...
Indonesia VAT 12% Takes Effect! Prabowo Reaffirms Implementation Only on Luxury Goods
Jakarta, Indonesia Sentinel -- The Indonesian government officially announced an increase in the Value-Added Tax (VAT) rate from 11% to ...
Indonesia Offer 50% Electricity Rate Discount Ahead 12% VAT Increase 2025, Here’s The Requirement
Jakarta, Indonesia Sentinel -- The Indonesian government will provide a 50% discount on electricity rates for households as part of ...
Indonesia to Implement 12% VAT on Luxury Goods and Services, Here is The List
Jakarta, Indonesia Sentinel -- Indonesia government has announced plans to implement a 12% value-added tax (VAT) starting in 2025. The ...
President Prabowo Establishes Financial Intelligence Agency, Restructuring Finance Ministry
Jakarta, Indonesia Sentinel -- The Indonesian Ministry of Finance (Kemenkeu) is undergoing significant restructuring under President Prabowo Subianto's administration, with ...
17 Jokowi Ministers Poised for Key Roles in Prabowo’s Cabinet
Jakarta, Indonesia Sentinel -- President-elect Prabowo Subianto convened several ministers and deputy ministers from President Joko Widodo’s (Jokowi) administration at ...
Jusuf Kalla Warns of Political Consequences Over Education Budget Cuts in Indonesia
Jakarta, Indonesia Sentinel -- In a recent event, Jusuf Kalla (JK), the former Vice President of Indonesia, expressed strong opposition ...
Indonesia’s Manufacturing Decline, Prabowo Struggles to Match Soeharto’s Legacy
Jakarta, Indonesia Sentinel -- Indonesia’s manufacturing sector has fallen into contraction, with the country’s Purchasing Managers’ Index (PMI) dropping to ...
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