Owen Podger, Jakarta – The Jakarta Post recognized the significance of the new law on fiscal balance in an editorial on Monday October 4, 2004, by stating: "The most important elements

Rendi A.

Dadan Wijaksana, Jakarta – The government expects this year's non-tax revenue to increase by more than 60 percent from the original allocation in the 2004 state budget, due mostly to th

Dili – International donations were used to plug East Timor's USD 22 million budget deficit in the financial year 2001-2002, although the world's newest nation's state receipts were hig

Dili – The East Timorese government is to undertake a review of its state budget plans after a fall in government receipts and delays in delivering aid funds have left the new nation wi

President Xanana Gusmao vetoed the East Timorese government's tax-hiking fiscal bill Friday, in his second clash this month with Prime Minister Mari Alkatiri over financial and economic

President Xanana Gusmao will address the East Timorese Tuesday in a nationally broadcast speech that an aide described Monday as centered on his two-week delay in signing the government

Kurniawan Hari, Jakarta – In an effort to lower book, newspaper and magazines prices, editors and legislators on Thursday agreed to demand the government remove the imposition of value-

Kurniawan Hari, Jakarta – Aceh Governor Abdullah Puteh met House of Representatives Speaker Akbar Tandjung and People's Consultative Assembly Speaker Amien Rais on Wednesday to lodge a

Dili's interim government has approved a USD 75 million budget for East Timor's first year as an independent state.

Karen Polglaze, Canberra – International donors today signed-off on East Timor's 2001-02 budget, the blueprint that will take the new country through elections to independence.

Jakarta – President Abdurrahman Wahid said on Monday that Indonesia should learn from Nigeria's initiative to reduce its reliance on funding from international financial institutions su

Jakarta – The World Bank's board in Washington has approved a new lending program for Indonesia of $400 million annually over the next three years, much lower than the $1.3 billion aver

Jakarta – The Finance Ministry said on Monday that it had issued 41 new decrees, including 38 new tax and excise decrees, in a bid to meet the government's 2001 state budget revenue tar

Associated Press in Dili – For the first time since East Timor broke free from Indonesian occupation last year, wage earners in the territory will have to pay income tax, according to a

Manado – Over half of the country's legislators, many ministers, generals and other high-ranking government officials were evading tax payments, Director General of Tax Machfud Sidik sa

Mark Dodd, Dili – The de facto parliament, the National Consultative Council, has approved a Budget of $US59.23 million to help the nation rebuild after last year's devastating militia

Dili – The United Nations Transitional Administration in East Timor (UNTAET) Thursday established East Timor's first customs and tax system to provide the territory with much-needed rev

Wilson da Silva, Dili – An impost on coffee exports in East Timor, among tax measures to be announced by the governing United Nations authority this week, was introduced at the insisten

Jakarta – The World Bank has decided to delay a planned one billion dollar loan to Indonesia until after elections in June of 1999, a report said Friday.

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