Bambang Brodjonegoro Minister of Finance
When China's economy slows down, we get hit

With the end of Ramadan fast approaching, Bambang Brodjonegoro's busy schedule has just begun. His days are filled with one ministerial meeting after another. He must also keep monitoring two legislative bills currently being discussed by the House of Representatives (DPR) to ensure that they are passed by the end of the month as scheduled. One bill concerns the revised state budget (RAPBN-P) and the other is on the tax amnesty.

The revised state budget will be slashed by Rp90 trillion to account for declining revenues. Another way of addressing the shortfall is through tax amnesty, which is expected to bring additional revenues of up to Rp165 trillion. Bambang sincerely hopes the DPR will enact the two legislations. "The government's program, including the revised state budget, should be backed by the parties claiming to support the government," said Bambang.

June 28, 2016