Ade Ridwan Yandwiputra, Jakarta – The Indonesian Legal Aid Foundation (YLBHI) has criticized the budget formulation and cuts under President Prabowo's administration, calling them const

Ami Afriatni, Jakarta – Jumilah, a 49-year-old homemaker in Jakarta, felt relief when she finally managed to buy a 3-kilogram (6.6-pound) cylinder of liquefied petroleum gas (LPG) after

Salman Mardira, Surabaya – President Prabowo Subianto criticized opponents of his budget efficiency measures, accusing some officials of acting as if they are untouchable, as he defende

Bambang Ismoyo, Jakarta – Government budget cuts have weighed heavily on Indonesia's construction stocks, with the Jakarta Composite Index (JCI) dropping 1.4 percent to 6,648.1 on Monda

Jakarta – President Prabowo Subianto has revealed the reason why he still often travels overseas in recent months in the midst of government budget cuts.

Stefanno Sulaiman, Jakarta – The lobby of Indonesia's Economic Affairs ministry was a bit darker this week when some lights were turned off as the minister looked for savings after Pres

Antara, Jakarta – The Meteorology, Climatology, and Geophysics Agency (BMKG) has requested to be exempt from a 50 percent budget cut from its initial Rp2,826 trillion funds, citing risk

M. Rizki Yusrial, Jakarta – E.

Bella Evangelista, Jakarta – Investment Minister Rosan Roeslani remains upbeat about attracting hundreds of billions of dollars worth of investments throughout this year despite having

Antara, Jakarta – The Finance Ministry has announced the cancellation of the 2025 Ministerial Scholarship program, following a directive to streamline the budgets for ministries and age

Antara, Jakarta – Based on President Prabowo Subianto's instruction to each ministry and agency to implement budget savings, the Ministry of Finance (Kemenkeu) has to cancel the Ministe

Jakarta – The government has decided to reallocate Rp 306.7 trillion (US$18.9 billion) of the state budget to foster its welfare programs, in a major shift in fiscal direction this year

Deni Ghifari, Jakarta – Indonesian businesses have expressed frustration about the many problems they have encountered with the newly rolled out digitalized taxation administration syst

Bella Evanglista Mikaputri, Jakarta – President Prabowo Subianto has instructed central and regional governments to reduce spending by Rp 306.69 trillion ($18.9 billion) for the current

Jakarta – The increase in value-added tax on luxury goods from 11 percent to 12 percent shows the arbitrary way that the administration of Prabowo Subianto produces policy.

Dede Leni Mardianti, Jakarta – Chair of the National Economic Council (DEN) Luhut Binsar Pandjaitan was offended by the World Bank's statement saying that Indonesia was one of the worst

Arnoldus Kristianus, Jakarta – The Indonesian government has officially adopted a global minimum tax rate of 15 percent to foster a healthier and more competitive investment climate, a

Rania Teguh – On the eve of a long-anticipated increase in Indonesia's value added tax (VAT) rate from 11 to 12 per cent, President Prabowo Subianto abruptly decided to revise the hike,

Bambang Ismoyo, Jakarta – Indonesia plans to introduce an excise tax on sugary packaged beverages starting July 2025, aiming to curb excessive sugar consumption and address rising healt

Jakarta – Indonesia's unaudited budget deficit for 2024 was smaller than the government's earlier estimate, official data showed on Monday, providing a buffer for fiscal needs in 2025 a

Dani Aswara, Aisha Shaidra, Jakarta – Indonesian people's spending has the potential to increase in 2025 because they have to pay several new levies and certain tariff increases.

Ervana Trikarinaputri, Jakarta – Indonesian Finance Minister Sri Mulyani Indrawati has said that state revenue for 2024 did not meet the established target.

Hammam Izzuddin, Eko Ari Wibowo, Jakarta – The House of Representatives Ethics Committee (MKD) will summon a member of the House of Representatives, Rieke Diah Pitaloka, for alleged eth

Tri Listiyarini, Jakarta – A smallholder association recently urged the Indonesian government to rethink before raising the export levy on crude palm oil (CPO).

Grace Sihombing and Norman Harsono – Indonesia scaled back its planned increase in the value-added tax rate just hours before it was set to take effect on January 1 amid escalating publ

Natau Lasniroha Sinaga, Jakarta – Director of the Center of Economic and Law Studies (Celios) Mhd.

Muhammad Ghafur Fadillah, Jakarta – The Indonesian stock market is set to face significant hurdles in 2025 with the introduction of a 12 percent value-added tax (VAT) starting January 1

Annisa Febiola, Jakarta – Deputy Speaker of the House of Representatives (DPR) of Indonesia, Adies Kadir, claimed that the increase in the Value Added Tax (VAT) rate to 12 percent would

Bambang Ismoyo, Mita Amalia Hapsari, Jakarta – President Prabowo Subianto officially announced a hike in the Value Added Tax (VAT) from 11 percent to 12 percent, effective January 1, 20

Medan – Dozens of students from the North Sumatra Student Alliance held a demonstration at the North Sumatra (Sumut) Regional House of Representatives (DPRD) building on Monday December

Jogja, Adji G Rinepta – Protesters calling themselves the Jogja Calling (Jogja Memanggil) Alliance demonstrated in front of the Yogyakarta provincial Regional House of Representatives (

Jakarta – Chair of the House of Representatives' (DPR's) Budget Agency Said Abdullah said that the increase in the value-added tax (VAT) rate from 11 percent to 12 percent next year wil

Angelina Tiara Puspitalova, Jakarta – The Indonesian government plans to impose a 12 percent increase in Value Added Tax or VAT on various sectors, including education, especially inter

Izzatun Najibah, Reni Susanti, Surabaya – Protests against the planned increase in value added tax (VAT) are continuing.

Jakarta – The Honor Council (MKD) of the House of Representatives (DPR) plans to summon Rieke Diah Pitaloka, serving at DPR's Commission VI, over her opposition to the 12 percent value-

Wijayanti Putri, Solo – Former President Joko "Jokowi" Widodo has voiced support for the government's decision to raise the value-added tax (VAT) rate from 11 percent to 12 percent, des

Wahyu Prakoso, Esposin, Solo – Students who are members of the Greater Solo Student Executive Council (BEM) Alliance and civil society activists held a demonstration in the Gladak area

Arnoldus Kristianus, Jakarta – It is best for the government to focus on having a tax evasion crackdown rather than raising the value-added tax (VAT), according to an analyst.

Jakarta – Scores of protesters from the Populist National Association of Student Executive Councils (BEM SI Kerakyatan) held a demonstration in the Horse Statue area of Central Jakarta

Makassar – Students from the Makassar State University (UNM) held a protest action rejecting the Prabowo Subianto administration's plan to increase the value added tax (VAT) rate to 12

Vendro Immanuel G, Jakarta – Bhima Yudhistira, Executive Director of the Center of Economic and Law Studies (Celios), has disputed the government's assessment of the impact of the upcom

Jakarta – There are good reasons for (and against) hiking the value added tax (VAT) by one percentage point on Jan.

Annisa Febiola, Jakarta – Member of the House of Representatives (DPR) of the Gerindra Party Faction, Heri Gunawan, said that PDIP does not need to play drama by pretending to defend pe

Yustinus Paat, Jakarta – The increase in value-added tax (VAT) from 11 percent to 12 percent, effective next month, was initiated by the Indonesian Democratic Party of Struggle (PDI-P),

Antara, Jakarta – Indonesia plans to introduce an excise tax on sweet beverages (MBDK), projected to generate Rp 6.25 trillion ($385.24 million) in revenue, according to the Institute f

Jakarta – The government denied Thursday media reports that they were planning to cut the threshold for the final income tax for Indonesia's micro, small and medium enterprises (MSMEs).

Jakarta – A total of 99,098 people have signed a petition addressed to Indonesian President Prabowo Subianto to cancel the 12 percent increase in Value-Added Tax (VAT) on the change.org

Antara, Jakarta – The Indonesian Police have deployed at least 820 combined personnel to secure a protest against the 12-percent VAT hike at the Presidential Palace in Central Jakarta.

Arnoldus Kristianus, Jakarta – The Coordinating Ministry for Economic Affairs expects inflation to rise by 0.3 percent in 2025 following the implementation of a 12 percent Value-Added T

S. Dian Andryanto, Michelle Gabriela, Jakarta – The government ensures that the 12 percent increase in Value Added Tax or VAT will take effect from January 1, 2025.