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Sri Mulyani to draw up credible state budget
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Newly appointed Finance Minister Sri Mulyani Indrawati (right) shakes hands with Trade Minister Enggartiasto Lukita during the announcement of the new Cabinet ministers at the State Palace in Jakarta on Wednesday. (AP Photo/Tatan Syuflana)
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ollowing her return as finance minister, Sri Mulyani Indrawati says she will focus her attention on making the implementation of the 2016 state budget, set by her predecessor Bambang Brodjonegoro, more credible.
She also said she would strive to draft the 2017 state budget in line with President Joko "Jokowi" Widodo's vision and mission.
"We will sit down together to look at the targets set not only in the tax amnesty program, but also the state budget. In general, the state budget is more important. So, both tax amnesty and the entire state budget must be credible," Sri Mulyani said in Jakarta on Thursday.
She said the ministry would review the agreed targets of the tax amnesty program in the revised 2016 state budget, as well as tax revenues in general and non-taxation revenues.
"This aims to reveal which targets are most vulnerable and most likely to be considered, so we can anticipate the development and management of the 2016 state budget," she went on.
The ministry would also coordinate with related ministries, such as the Office of the Coordinating Economic Minister, the National Development Planning Ministry and the State Enterprises Ministry, she added.
At the same time, Sri Mulyani said, her ministry would also prepare the 2017 state budget, which would focus on the adjustments to the fiscal sector policy and the state budget in line with President Jokowi’s mission.
"These are instruments to reduce poverty and inequality and to create job opportunities," said the former World Bank managing director.
In the 2016 revised state budget, the government expects to get Rp 165 trillion (US$12.62 billion) in tax revenues from asset declarations and tax redemptions from the repatriated funds parked overseas during the implementation of the tax amnesty program. (ebf)
