Yopie Hidayat

NUMBERS dont lie. Lately, when Indonesian markets enjoyed a price surge, many attributed it to the tax amnesty program. But the numbers tell a different story. So far, the inflow of repatriated funds have yet to significantly affect markets.

Until last Wednesday, there were only Rp15.5 trillion worth of reported assets. A large part of thattotalling Rp13 trillionconsisted of domestic assets, while non-repatriated assets amounted to Rp