Minister of Finance Purbaya Yudhi Sadewa has officially confirmed that the government will not implement new tax policies or increase tax rates in the near future. This strategic decision is designed to protect household purchasing power and maintain national economic stability during this critical period.
According to Purbaya, the government is committed to avoiding additional burdens on taxpayers. Instead, the focus is on enhancing tax compliance and closing existing revenue loopholes. The administration intends to refrain from any tax hikes until the economy shows signs of robust recovery, specifically targeting a steady economic growth rate of approximately 6 percent.
Rather than increasing rates, the government plans to optimize state revenue by improving administrative efficiency and strengthening oversight. This approach aims to maximize untapped tax potential while keeping the business environment favorable. “We are dedicated to fostering growth in the private sector, utilizing initiatives such as the P2SP task force and strategic debottlenecking,” Purbaya stated on Wednesday (April 29).
Purbaya emphasized that preserving a healthy investment climate and supporting the private sector are essential to sustaining Indonesia’s economic trajectory. He noted that domestic consumption remains a primary driver of the nation’s economy, supported significantly by investment and international trade.
To support this, the Ministry of Finance is actively strengthening its synergy with law enforcement agencies, including the National Police. This collaboration is intended to ensure legal certainty for business players across all regions. Purbaya concluded by encouraging both the public and business owners to report any obstacles they encounter in their operations or investment activities, ensuring that such issues can be promptly addressed by the relevant authorities.
Summary
Finance Minister Purbaya Yudhi Sadewa has announced that the Indonesian government will not introduce new taxes or increase current rates until the nation achieves a steady economic growth rate of approximately 6 percent. This decision aims to safeguard household purchasing power and maintain national economic stability while fostering a favorable environment for the private sector.
To optimize state revenue, the administration will focus on improving tax compliance and administrative efficiency rather than raising taxes. The government is also strengthening collaborations with law enforcement to ensure legal certainty and is encouraging businesses to report operational obstacles for prompt resolution.
