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View all search resultsKnown for his candor, Purbaya Yudhi Sadewa's tenure was marked by the fastest economic growth in three years, but also the widest budget deficit in over twenty years outside of the pandemic, and credit rating outlook downgrades by ratings agencies Fitch and Moody's.
Retailers have criticized the government’s decision to delay the implementation of marketplace tax collection for online sellers, saying it prolongs an uneven playing field disadvantaging bricks-and-mortar businesses already contending with softer consumer spending and rising costs.
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