Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Economy

Indonesia to form a state revenue ministry, president’s advisor says

admin by admin
December 1, 2024
in Economy
0
Indonesia to form a state revenue ministry, president’s advisor says
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

JAKARTA (Reuters) – Indonesia plans to form a state revenue ministry to improve revenue collection, Hashim Djojohadikusumo, brother and a close advisor of President Prabowo Subianto, said on Sunday, according to a report by news portal Detik.com.

The new ministry would manage state revenues, including taxes, excises and mining royalties, Hashim said in a meeting of the Indonesian Chamber of Commerce and Industry.

He didn’t say when the new ministry would be created.

Prabowo would appoint deputy finance minister Anggito Abimanyu to lead the new ministry, according to Hashim.

Among his campaign pledges, Prabowo planned to boost tax revenue to 18% of gross domestic product from around 10% currently, or about $100 billion in additional tax revenue, which included a plan to set up a state revenue agency.

Indonesia’s finance ministry declined to comment on the matter.

Hashim’s team and presidential spokesman did not immediately respond to a Reuters’ request for comment.

This post appeared first on investing.com

Previous Post

The Gap stock price could drop 35% as a risky pattern forms

Next Post

Trump discussed border, trade with Canada’s Trudeau after pledging steep tariffs

admin

admin

Next Post
Trump discussed border, trade with Canada’s Trudeau after pledging steep tariffs

Trump discussed border, trade with Canada’s Trudeau after pledging steep tariffs

Trending News

Nifty 50 index has crashed, but technicals point to a surge soon

Nifty 50 index has crashed, but technicals point to a surge soon

March 18, 2025
How Leonard Lauder turned Estée Lauder from a family firm into a global powerhouse

How Leonard Lauder turned Estée Lauder from a family firm into a global powerhouse

June 16, 2025
DJT stock tumbles 5% following Donald Trump’s $4B stake transfer

DJT stock tumbles 5% following Donald Trump’s $4B stake transfer

December 20, 2024
Subscribe to Insightful Word


    Recent News

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    June 26, 2025
    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    June 26, 2025
    S&P 500 nears record high as Wall Street opens higher amid tech momentum

    S&P 500 nears record high as Wall Street opens higher amid tech momentum

    June 26, 2025
    Galaxy Digital launches $175 million fund to back DeFi and stablecoin startups

    Galaxy Digital launches $175 million fund to back DeFi and stablecoin startups

    June 26, 2025

    Recent News

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    June 26, 2025
    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    June 26, 2025

    Latest News

    • S&P 500 nears record high despite headwinds: key drivers behind the surprise rally
    • Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high
    • S&P 500 nears record high as Wall Street opens higher amid tech momentum

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.