Investor Presentaiton
Revenue Collection Continued To Strengthen
Supported by high commodity prices, stronger economic activity and gain from the recent tax reforms
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Performance (cumulative)
Tax Revenue
January-August (Rp Trillion)
Realization
-O-growth (yoy)
49,4%
Manufacturing
29,7%
12,6%
58.1%
Trade
66,3%
23,7%
16,3%
15,2%
Finance
10,9%
9.5%
-2,9%
1,171.8
0.2%
233,8%
-15.6%
Mining
8,9%
8,2%
802.5
741.3
10,0%
676.9
Construction
4,1%
-7,4%
Information &
18,2%
3,6%
Communication
11,6%
25,0%
Transportation
3,6%
2,2%
Business
24,1%
2019
2020
2021
2022
2,9%
Services
-4,6%
Jan-Aug 2022
Jan-Aug 2021
The outstanding tax revenue collection in January-August
2022 was driven by:
•
The trend of increasing commodity prices;
Expansive economic growth;
•
Low base in 2021 due to fiscal incentives;
.
Impact of the implementation of the HPP Law.
Source: Ministry of Finance
•
•
The best performing sectors in the economy (i.e. manufacturing,
trade, and mining) are also translated into the tax revenue and
recorded the highest growth among sectors.
Much improved economic recovery and activities are also reflected
in all sectors of tax receipts, which significantly grew higher compared
to the same period last year.
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