It's still sweet for now - Indonesia to propose sugary drink excise tax only for 2024 fiscal year, says finance ministry

The Indonesian government has once again delayed the implementation of the long-awaited excise tax on sweetened beverages. Only expected to be implemented in 2024. - AFP

JAKARTA, April 17 (Reuters-Vietnam News/ANN): Indonesia's government will propose to parliament an excise tax on sugary drinks for the 2024 fiscal year, the finance ministry's director general of customs and excise, Askolani, told a news conference on Monday.

The plan, which was supposed to be implemented this year, has been delayed several times.