Minister of Finance Sri Mulyani Indrawati emphasized that the government is actively using fiscal instruments to support various programs, especially in increasing growth and productivity, as well as attracting more investment in increasing economic growth.
"We use fiscal instruments actively to support many government programs, for example, and particularly in the field of increasing growth and productivity, including attracting more investment," Sri Mulyani said at the Mandiri Investment Forum (MIF) 2025 event, Tuesday, February 11.
Sri Mulyani said that in her presentation, the government had disbursed tax incentives to 655 investors until November 2024.
Meanwhile, the government has provided tax holidays incentives to 221 investors in the 2011 to November 2024 period with total investments invested of IDR 421.94 trillion and 479 billion US dollars.
In addition, as many as 234 taxpayers have enjoyed tax allowance incentives with an investment value of IDR 90.35 trillion and USD 8.5 billion from 2007 to November 2024.
Furthermore, from 2020 to November 2024, investment allowance incentives have been enjoyed by 8 taxpayers with a total investment of IDR 2.67 trillion and USD 18.6 billion.
In addition, the Special Economic Zone (SEZ) also received various fiscal facilities, such as tax allowances that 9 investors have used with incoming investments reaching IDR 0.25 trillion from the period 2021 to November 2024.
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Meanwhile, the tax holiday incentives at SEZ have been utilized by 60 investors with investment realizations reaching IDR 12.74 trillion.
"Special economic areas that also enjoy tax breaks and tax holidays also create attractive investments," he said.
On the other hand, the government is also implementing a super-decuction policy, especially for companies that invest in training for workers to improve skills through reskilling and upskilling.
In this case, the incentive for vocational superduction has been utilized by 94 investors in the 2019 to November 2024 period.
In addition, incentives are also given to companies that focus on research and development (R&D), namely superduction R&D which has been utilized by 29 taxpayers or investors.
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