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Category: Fiscal

Fiscal

Indonesia’s Tax Spending 2025: Balancing Household Relief and Investment Incentives

January 8, 2026

Indonesia’s fiscal policy in 2025 placed a strong emphasis on tax expenditure as a tool to support both households and…

Fiscal

Indonesia’s 2025 Debt: Balancing Fiscal Discipline and Growth

January 8, 2026

Indonesia closed 2025 with a significant reliance on debt financing to sustain its budget and economic programs. The government’s borrowing…

Fiscal

Central Govt Tightens Regional Budget Deficit Rules for 2026

January 7, 2026January 8, 2026

Indonesia’s fiscal discipline is entering a new phase with stricter rules on regional budget deficits. The Ministry of Finance has…

Fiscal

Net Tax Revenue Declines in 2025 Amid Rising Restitution Payments

November 26, 2025November 25, 2025

Indonesia’s net tax revenue fell 3.9% year-on-year in the January–October 2025 period, reaching Rp1,459.3 trillion compared to Rp1,517.54 trillion in…

Fiscal

Indonesia’s Tax Revenue Growth Slows in 2025

November 24, 2025

Indonesia’s fiscal performance through October 2025 reflects both resilience and challenges. Tax revenues reached Rp1,459.03 trillion, equivalent to 70.2% of…

Fiscal

Govt Permanently Fixes 0.5% Final Income Tax for MSMEs

November 10, 2025November 9, 2025

In a landmark policy shift, the Indonesian government is preparing to make the 0.5% final income tax rate for micro,…

Fiscal

Urged to Unlock Rp234 Trillion in Idle Regional Funds

November 4, 2025November 2, 2025

A staggering Rp234 trillion in idle regional government funds is sitting in Indonesian banks, prompting calls for urgent fiscal synchronization…

Fiscal

Indonesia’s Digital Economy Generates Rp10.21 Trillion in Tax Revenue

October 23, 2025

Indonesia’s digital economy is rapidly transforming into a major source of state revenue, contributing over Rp10.21 trillion in taxes between…

Fiscal

Regional Leaders Urge Reversal of Budget Transfer Cuts

October 8, 2025October 7, 2025

Indonesia’s regional governments are sounding the alarm over significant cuts to central government transfers, warning of stalled infrastructure projects and…

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