Indonesia 2022 tax ratio seen at 9.22% of GDP after new tax law; limited impact on inflation say


JAKARTA, Oct 7 (Reuters): Indonesia's new fiscal measures will increase government revenues relative to gross domestic product, or the tax ratio, to 9.22% next year, compared with an estimated range of between 8.4% to 8.6% in 2021 to 2025, its finance minister said.

Sri Mulyani Indrawati also told a virtual news conference recently that the new tax measures would add less than 0.5 percentage points to headline inflation next year.

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Indonesia , VAT , Tax , GDP , Tax Ratio

   

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