JAKARTA - Minister of Finance Purbaya Yudhi Sadive revealed the results of his meeting with market participants, PT Bursa Efek Indonesia (IDX), other Self Regulatory Organization (SRO) and Financial Services Authority (OJK), on Thursday, October 9.
Purbaya admitted that his party would not necessarily grant the request.
A new incentive will be given if the stock exchange is able to curb investor behavior in the capital market, especially in suppressing speculative practices that harm small investors.
"Earlier, the director of the stock exchange also asked for incentives, which I don't necessarily give, so I said I would provide incentives if you have tidied up investor behavior in the capital market, meaning that fried food is controlled by him so that small investors are protected," he said.
Although he did not describe in detail the types of incentives requested, Purbaya said the demand was quite diverse, including tax incentives.
On that occasion, he also conveyed the Ministry of Finance's commitment to making internal improvements, especially to the behavior of tax workers.
He hopes that after the repairs are made, there will be no more concerns from market players about the integrity of the tax system.
"I said this if I could tidy up my tax employees so that there would be no more problems in the future, they should be concerned that they have disappeared, but if I have tidied up there are still problems he can face me again," he said.
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Lebih lanjut, Purbaya menegaskan, pemerintah tetap membuka ruang untuk memberikan insentif, asalkan kebijakan tersebut benar-benar efektif dalam mendorong pengembangan pasar modal nasional.
"Saya lihat insentif apa yang cocok buat mengembangkan dan mendukung pertumbuhan industri pasar modal di Indonesia," tegasnya.
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Furthermore, Purbaya emphasized that the government will continue to open space to provide incentives, as long as the policy is really effective in encouraging the development of the national capital market.
"I see what incentives are suitable for developing and supporting the growth of the capital market industry in Indonesia," he said.
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