Weight of hope on Indonesia tax amnesty

Under pressure: Unless Sri Mulyani manages to make the nine-month-long programme more attractive before it expires in March, it’s likely to disappoint. — Bloomberg

SINGAPORE: Indonesia’s tax-amnesty programme is starting to a resemble a cart overloaded with hope. Although it's early days, the risk that the wagon will wobble under its own weight before reaching its destination is something investors can no longer ignore.

Penalties collected so far, compared with goal: 1%.