Tax Reform Is The Government's Way Of Pursuing The 2025 State Revenue Target

Photo: Doc. Antara

JAKARTA - Minister of Finance (Menkeu) Sri Mulyani Indrawati said the government would try to achieve the state revenue target by 2025 of IDR 3,005.1 trillion, including by carrying out tax reforms.

This was conveyed by the Minister of Finance after attending the handover of the Budget Implementation List (DIPA) and the List of Transfer Allocations to Regions for Fiscal Year 2025 and the launch of the electronic catalog version 6.0 by President Prabowo Subianto, at the State Palace, Jakarta, Tuesday, December 10.

"For state revenues of Rp. 3,005.1 trillion, we will carry out by continuing to carry out tax reforms, taxes and excise costs, by continuing to develop programs, including in this case using digital technology," said the Minister of Finance, quoted from Antara.

He said President Prabowo Subianto also continued to convey that leakage of state revenues, especially from illegal acts, would continue to be the center of attention, as well as intensification and extensification of taxation.

We also follow that in a global atmosphere there is global competition for taxation that we must be aware of. So we must also continue to keep Indonesia's tax base from experiencing erosion from global taxation practices that facilitate the occurrence of tax evacuation and tax avoidance," he also said.

"For the beliax program with the use of digital technology and also the CEISA program financed excise will continue to be perfected," he said again.

In addition, he said, the government will also jointize programs and law enforcement as has often been conveyed by the President.

The Minister of Finance said that the 2025 State Budget was designed with a deficit of IDR 616.2 trillion or 2.53 percent of gross domestic product (GDP).

In global conditions that continue to be dynamic, he said again, deficit financing will be carried out carefully by continuing to increase the credibility, sustainability, and health of the state budget, so that the costs of the deficit can continue to be reduced.

"We will also continue to use the financing, including in order to strengthen the Sovereign Wealth Fund and the role of SOEs," he said again.