Indonesia's COVID-19 Vaccination and Economic Resilience Strategy
Optimizing State Revenues To Maintain The Investment Climate Sustainability
Continuing tax reform, service innovation, and optimizing asset management
Government Revenues
13.1
13.0
12.3
12.4
11.9
11.7
10.7
1666.4
11.6
311.2
1943.7
15.6
1960.6
409.3
5.5
409.0
1647.8
18.8
343.8
2011.3
5.0
458.5
2436.9
1.0
510.9
2463.0
0.4
441.4
2021.2
1924.9
1518.8
1546.1
1547.8
1343.5
1285.1
2017
2018
2023 Taxation Policies
1. Boosting taxation revenue increasing trend by maintaining the
effectiveness of the implementation of the HPP Law;
2. Providing fiscal incentives for strategic economic activities that
have a strong multiplier effect on the economy;
3. Paying attention to people's purchasing power to increase taxation
revenue;
4. Exploring the tax potential by extensification and intensification
activity-based to strengthen the tax base and increase taxpayer
compliance;
5. Strengthening supervision and law enforcement more optimally;
Ensuring the achievement of taxation revenue targets is carried out
carefully to support fiscal consolidation running well.
6.
2019
2020
2021
Outlook 2022 2023 Budget
Non-Tax revenue (IDR Trillion)
Taxation (IDR Trillion)
Grant (IDR Trillion)
State Revenue (%GDP)
2023 Non-Tax Revenue Policies
1. Optimization of the use of natural resources through improvement of policies, managerial improvement of natural resources utilization, and
increase of added value, while still paying attention to environmental sustainability;
2. Optimizing SoEs' dividends by encouraging performance and efficiency improvements as well as determining dividends by considering
profitability, company funding needs, investor perceptions, regulations, and covenants;
3. Improving the innovation and service quality of work units and Public Service Agencies as well as optimization of SoEs' asset management;
4. Strengthening governance through synergies, expanding the use of technology and information, and increasing supervision and compliance.
Source: Ministry of Finance
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