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View all search resultsFinance Minister Purbaya Yudhi Sadewa expects Danantara to remit Rp 120 trillion ($6.76 billion) in dividends from state-owned enterprises (SOEs) to the state budget this year, marking a change from the initial plan for running the state asset fund.
Behind the record-breaking profits of Indonesia’s industrial fishing fleet lies a predatory system of legal fictions and debt bondage that leaves the very workers fueling the industry with less than the price of a pack of cigarettes.
The Directorate General of Immigration has set an ambitious goal for investment from golden visa recipients, and while a substantial sum has been amassed, it is less than half the amount targeted for this year.
The finance minister has announced a bold plan to target the shadow economy as a new source of tax revenue, particularly as the government looks to generate more funds to finance its ambitious and costly priority programs, including the free meals program.
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