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View all search resultsThe Finance Ministry’s director general of taxation Robert Pakpahan has said his office booked Rp 900.82 trillion (US$59.41 billion) up to September, or 63.26 percent of the total target of Rp 1.42 quadrillion as set in the 2018 state budget.
The Deposit Insurance Corporation (LPS) on Wednesday announced the increase of its deposit insurance rates for both rupiah and foreign exchange-denomination savings as banks have started to raise their deposit rates in response to Bank Indonesia’s (BI) recent interest rate hike.
Indonesia recorded a US$ 1.76 billion trade surplus in September as exports reached $14.54 billion in September, a 15.6 percent increase from the same month last year, while imports stood at $12.78 billion, up 13.13 percent year-on-year (yoy).
The Finance Ministry's Directorate General of Taxation has collected Rp 770.7 trillion (US$57.1 billion) in tax revenues as of September, or about 60 percent of this year's Rp 1.28 quadrillion target, the office announced on Monday.
Finance Minister Sri Mulyani Indrawati met on Tuesday President Joko “Jokowi” Widodo to report that, as of September, 60 percent of the Rp 1.28 quadrillion (US$95.16 billion) tax revenue target had been met this year.
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