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View all search resultsGiving pardon again to tax evaders, who may include corrupt officials, illegal miners and loggers and drug syndicates, would appear as a blank check for money launderers, and such a policy could prompt the Paris-based OECD Financial Action Task Force on Money Laundering (FATF) to blacklist Indonesia as a noncooperative jurisdiction.
A new World Bank report suggests Indonesia’s economy is more vulnerable than previously assumed with greater risk to the downside should the vaccine rollout, consumer confidence or labor market recovery take longer than expected.
The Finance Minister said structural reform, in part through the Jobs Creation Law, could accelerate Indonesia's economic growth to above 6 percent by 2023 without putting additional pressure on the state budget.