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Search result with “2025 State Budget” as a keyword founded 87 news.

State Budget Sees $25B Deficit in November

Jakarta. The state budget recorded a deficit of ... explained that the 2024 state budget was designed to accommodate ... , Sri Mulyani unveiled the 2025 state budget, which is projected to ... program, free medical checkups, state school renovations, and food ...
Business Dec 11, 2024 | 5:28 pm

Prabowo Earns French Backing for Free Meal Program

... state budget to run the free meal program for the entirety of 2025 ... Rp 10,000 due to budget constraints. However, senior minister Muhaimin ...
News Dec 11, 2024 | 5:27 pm

Finding the Middle Ground on 12 Percent VAT

... balance” between raising the state revenue while maintaining the ... goods and services throughout 2025. This marks a 23 ... lawmakers’ priority legislation list for 2025. “Assets stolen by imprisoned ... state revenue. This is only slightly more compared to the budget ...
Business Dec 10, 2024 | 9:50 am

Seizing Assets from Corruptors is Better Than 12 Pct VAT: Retailer

... progress. More and more state officials even get embroiled in ... Representatives' priority legislation list in 2025. “The tax hike is ... slightly more than the total budget that the government had set ... feeding program next year. In 2025, the government will spend ...
News Dec 3, 2024 | 9:29 pm

Trial for Rp 10,000 School Lunch Still Ongoing, Minister Says

... spend per meal due to budget constraints. Each meal was originally ... his intentions to lower the budget to Rp 10,000 per ... trillion in state spending to run the free meal program in 2025.
News Dec 3, 2024 | 11:16 am

Zulkifli Hasan Proposes Nearly 14-Fold Budget Increase to Meet 2027 Food Self-Sufficiency Goal

... a budget of Rp 550 billion ($34.58 million) for 2025, ... working meeting with the Budget Committee of the House ... Said Abdullah, Chairman of the Budget Agency, supported Zulhas' proposal. ... House of Representatives approved the 2025 State Budget (APBN) of Rp 3 ...
News Dec 2, 2024 | 5:59 pm

Government Weighs Social Aid for Middle Class Ahead of 12% VAT Hike

... 12 percent, scheduled for January 2025, amid widespread criticism from businesses ... aid must align with the state budget’s capacity. "The policy ... least the second quarter of 2025. He urged policymakers to ... reach 5 percent in Q1 2025, delaying the VAT increase ...
News Dec 2, 2024 | 5:22 pm

Gov’t Plans to Establish State Revenue Ministry Headed by Abimanyu, Says Hashim 

... ministry dedicated to managing state revenues, according to Hashim ... the establishment of a State Revenue Ministry was discussed ... Hotel in Jakarta. The 2025 budget, drafted by the administration ... activity to generate additional state income. “These illegal ...
Business Dec 1, 2024 | 8:05 pm

VAT Hike Likely Delayed, Electricity Subsidies to Cushion the Impact, Says Luhut

... take effect on January 1, 2025, according to Luhut Binsar Pandjaitan ... already been earmarked in the state budget, and the government is finalizing ...
Business Nov 28, 2024 | 11:46 am

DPR Deputy Chair Confirms VAT Increase Will Proceed as Scheduled

... reaching 12 percent in 2025. Hekal emphasized that this ... considered during the State Budget deliberations scheduled for August 2025. For now ... implemented on January 1, 2025. "The VAT increase is ... may be discussed during the State Budget deliberations, for now, ...
News Nov 21, 2024 | 11:27 am

Golkar Lawmaker Says VAT Increase Not Finalized, Awaiting President Prabowo’s Return

... ) rate to 12 percent in 2025, which has faced widespread criticism ... 12 percent starting Jan. 1, 2025. Sri Mulyani reassured lawmakers that ... implementation due to the current state budget and fiscal conditions. "We are ...
News Nov 19, 2024 | 9:28 pm

Gaikindo Hopes 12 Pct VAT Will Have Little Impact on Car Sales

... recently said, as reported by state news agency Antara. According to ... no later than Jan. 1, 2025. The government last raised the ... at saving the Covid-hit state budget. By raising the VAT, ... time wanted to safeguard the state budget. But as Indonesia nears the ...
Business Nov 19, 2024 | 10:48 am

Business Associations Call for Postponement of 12% VAT Increase

... 12 percent on January 1, 2025, fearing it could lead to ... , 2025. She said that the policy was necessary to support the state budget ...
Business Nov 15, 2024 | 9:02 pm

Sri Mulyani Confirms 12% VAT Implementation on January 1

... informed lawmakers that the current state budget and fiscal conditions do not ... The government needs to increase state revenue to sustain the post ... the importance of keeping the state budget "healthy" to address potential financial ... to 12 percent set for 2025.
Business Nov 14, 2024 | 10:57 pm

Indonesia’s 'Underground Economy' Could Unlock Trillions, but at a Cost

... is significant untapped potential for state revenue from these underground activities ... team, customs, and non-tax state revenue (PNBP) teams," Sri Mulyani ... ,189.3 trillion for the 2025 state budget. This target is allocated across ...
Business Nov 14, 2024 | 4:09 pm

Deputy Agriculture Minister Sudaryono Pushes for Urban Farming to Boost Food Security

... 2.3 trillion in the 2025 State Budget. Read More: Sudaryono to Young ...
News Nov 12, 2024 | 10:39 am

Work Underway to Accommodate New Ministries’ Spending Plans

... 2024-2025. “The ministerial regulation covers the new ministries’ assets, budget, and ... adjust the so-called 2024 budget implementation list -- a document that ... to be included [in the 2025 state budget] this month, .., so they can ...
News Nov 8, 2024 | 4:57 pm

Economist Warns Against Taxing Online Gambling as Indonesia Targets 'Underground Economy'

... ,189.3 trillion in the 2025 State Budget. This target is divided across ...
News Oct 30, 2024 | 9:48 am

Housing Minister: 'Four Dragons' Back Government's 3 Million Houses Initiative

... of Artha Graha Group. In 2025, the ministry allocated only ... trillion in 2024. With this budget, the housing program can ... that additional support from non-state budget sources is essential to ... ’s Office and collaborate with state-owned enterprises (SOEs) to ...
Business Oct 29, 2024 | 3:40 pm

Energy Security and Digitalization Key to Indonesia's Economic Growth

... government aims to keep the budget deficit below 3 percent, with ... target outlined in the 2024 state budget, but higher than the 5 ... percent for both 2024 and 2025. President Prabowo Subianto is aiming ...
Business Oct 29, 2024 | 2:08 pm
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