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The Year-End Drama: VAT Hike U-Turn

Monday, January 13, 2025

The planned increase in VAT was canceled at the last minute. Mass pressure and political lobbying changed the president’s decision.

arsip tempo : 177271088462.

Ilustration : Alvin Siregar. tempo : 177271088462.

SURYADI Sasmita’s cell phone hardly stopped ringing on Tuesday afternoon, December 31, 2024. The Deputy of the Fiscal and Public Policy at the Indonesian Chamber of Commerce and Industry (Kadin) kept receiving phone calls and text messages from business owners.

Kadin members were asking for clarification regarding the statement by President Prabowo Subianto and Finance Minister Sri Mulyani Indrawati about the cancellation of the planned in

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Ghoida Rahmah

Caesar Akbar and Eka Yudha contributed to the writing of this article. 
Sri Mulyani Prabowo Subianto VAT VAT increase 12 percent VAT
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