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Sri Mulyani reveals customs efficiency, exhibiting this information
Business

Sri Mulyani reveals customs efficiency, exhibiting this information

by Chief editor of world-today-news.com May 27, 2024
written by Chief editor of world-today-news.com

Jakarta –

The Directorate Basic of Customs and Excise (DJBC) has taken motion in opposition to 220 million unlawful cigarettes. This info was given by Finance Minister Sri Mulyani at KiTA APBN Press Convention.

Actions are nonetheless being taken and at the least till April 2024 as much as 4,000 actions shall be taken in opposition to unlawful cigarettes.

“DJBC continues to take motion. 4,000 operations had been carried out and the ensuing operation is 220 million cigarettes, the worth is about IDR 311 billion,” stated Sri Mulyani on the Workplace of the Ministry of Finance, Jakarta, Monday (27/5/2024). ) .

Sri Mulyani stated that this case reveals that the customs system shouldn’t be solely amassing income but additionally that implementation could be very complicated within the discipline.

In complete, till April 2024 customs and tax income grew positively to succeed in IDR 95.7 trillion or 29.8% of the APBN goal. This determine grew positively by 1.3%, pushed by important development in export tax revenues.

For tax income alone, the full reached IDR 74.2 trillion or 30.2% of the APBN goal. This determine decreased by 0.5% in comparison with the earlier 12 months. This situation is affected by the discount in excise responsibility on tobacco merchandise as tobacco manufacturing is rising however there’s a pattern.

“Rising, however the development is within the group with low taxes, which is group 3, group 1 has fallen to group 2. So we see a downward pattern, these with excessive charges, that are that group 1, has decreased by 3%, group 2 has fallen. has grown by 14.2%, even group 3 has additionally elevated,” he stated.

Likewise, import taxes registered a slight lower. Sri Mulyani stated that till April 2024, import tax income will attain IDR 15.7 trillion or down 0.5% yoy.

“The discount in import duties from 1.47% to 1.35% contributed to the decline in income. Nevertheless, our 4 fundamental merchandise topic to import duties, specifically 4-wheelers, spare components for automobiles, pure and synthetic fuel, suffered a discount of their entry. into the nation,” he defined.

However, receiving export taxes is a saving for Indonesian customs and tax income. Till April 2024 the determine will attain IDR 5.8 trillion or develop 40.6% yearly (yoy).

“The expansion was 40.6% primarily as a result of the export taxes on mineral merchandise elevated 6 instances from the earlier 12 months as a consequence of a rest in mineral exports,” stated Sri Mulyani.

In the meantime, export taxes on palm oil merchandise decreased by 68.3% because the Indonesian CPO value in 2024 fell by 11.16% from US$911 per MT to US$809 per MT. The export quantity of palm oil merchandise additionally fell by 11.36% yoy from 12.9 million tons to 11.8 million tons.

“So for palm oil, each are affected, amount and value have decreased. Amount has decreased by 11.36% and the value has decreased by 11.11%,” he concluded.

(sc/hns)

2024-05-27 15:48:52
#Sri #Mulyani #reveals #customs #efficiency #exhibiting #information

May 27, 2024 0 comments
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Global Economic Situation and Geopolitical Tensions Impacting Supply Chains: Finance Minister Sri Mulyani Indrawati
Business

Global Economic Situation and Geopolitical Tensions Impacting Supply Chains: Finance Minister Sri Mulyani Indrawati

by Chief editor of world-today-news.com April 26, 2024
written by Chief editor of world-today-news.com

Jakarta –

Finance Minister Sri Mulyani Indrawati revealed that the global economic situation is still not good. The heated geopolitical conditions emerging in the Middle East are affecting the supply chains of the world.

“The global economic situation, which is still weak, is under constant pressure, especially from a geopolitical point of view. The situation is changing very quickly, geopolitical tensions in the Middle East are increasing supply chain disruption and commodity price volatility,” said Sri Mulyani, quoted from Instagram @smindrawati, Friday (26/4/2024).

In addition, the United States (US) economy is recovering, but inflation remains high so interest rate policies are higher than market expectations. This situation caused many investors to look at the US dollar and caused other currencies, including the rupiah, to weaken.

“So there is an outflow of capital in many countries and a weakening of currencies other than the dollar,” he explained.

However, Sri Mulyani remains confident that Indonesia’s economic growth in the first quarter of 2024 will be around 5% year on year. Inflation is also said to remain under control at 3.05% yoy.

“With this situation, our economy is still well maintained. The Ministry of Finance projects that economic growth in Q1 2024 will still be around 5% yoy. As of March, our PMI remains broad at 54.2; Consumer Confidence Index remains high at 123.8; Mandiri’s Spending Index continues to grow at 46.9; the Real Sales Index is also positive at 3.5% yoy. Our inflation is also relatively under control at 3.05% yoy,” said the former World Bank Director.

In the same statement, Sri Mulyani also explained that the state’s revenue until the end of March 2024 had collected IDR 620.01 trillion or a decrease of 4.1% compared to the same period last year (year after year / yoy).

Then, in terms of state spending, the government has spent IDR 611.9 trillion until the end of March 2024. Then it was recorded that the APBN was still in surplus of IDR 8.1 trillion until the first quarter or March 2024.

(hat/hns)

2024-04-26 14:28:02
#Sri #Mulyanis #prediction #Indonesias #economy #continue #grow #world #shaking

April 26, 2024 0 comments
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Ministers Deny Misuse of Social Assistance in 2024 Election Trial at the Constitutional Court
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Ministers Deny Misuse of Social Assistance in 2024 Election Trial at the Constitutional Court

by Chief editor of world-today-news.com April 5, 2024
written by Chief editor of world-today-news.com

Jakarta –

Four ministers of the Advanced Indonesia Cabinet have provided inside information trial for dispute over the results of the 2024 presidential election at the Constitutional Court (MK). Chairman of the Prabowo-Gibran Legal Team, Yusril Ihza Mahendrabelieves that the ministers’ statements regarding social assistance further confirm that there will be no misuse of social assistance in the 2024 elections.

“Today it is very clear that the Minister of Finance, the Coordinating Minister and the Minister of Social Affairs have stated that there is no misuse of social assistance which has been stated and argued by the two applicants at the trial,” said Yusril during a press conference after the trial at the MKRI building, Jakarta, Friday (5/4/2024) .

Yusril said that the Minister of Social Affairs, Tri Rismaharini, in his presentation at the trial emphasized that there was no provision of social assistance in the form of rice. All are given in the form of direct assistance and transferred via bank.

“Mrs. Risma firmly stated that there was nothing at all in the form of goods, rice, nothing at all,” he said.

“So what has been postulated as abuse of social assistance has been denied by Mrs. Risma herself,” he continued.

Yusril also emphasized that the increase in the amount of coincident social assistance carried out in the period leading up to the 2024 election was not proven.

“Similarly, the multiple increase in the amount of social assistance was not proven at this trial and was denied by the Minister of Finance, the Coordinating Minister for the Economy and the Minister of Social Affairs,” he said.

But he admitted that there was indeed new aid being disbursed because of the need, namely social assistance related to El Nino. However, the period is not before the election.

“Only regarding the issue of assistance related to El Nino, there is an automatic adjustment, that is acknowledged. And the Minister of Social Affairs said that this was a request from the cabinet and a meeting was held with Commission VIII of the DPR,” he said.

He said there was an increase of up to IDR 50 trillion from the funds provided for El Nino. But the timeline does not coincide with the election period.

“So all of that really ends in November 2023, there will be no distribution of El Nino social assistance funds,” concluded Yusril.

Also watch the video ‘Minister of Social Affairs Answers Constitutional Judge about Reasons for Social Assistance Disbursed in January-February’:

(call/rfs)

2024-04-05 11:08:41


#Yusril #clear #Minister #Finance #Minister #Social #Affairs #stated #misuse #social #assistance

April 5, 2024 0 comments
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Minister of Finance Sri Mulyani Indrawati Exercises Voting Rights in South Tangerang, Banten for 2024 General Election – Exclusive Photos
News

Minister of Finance Sri Mulyani Indrawati Exercises Voting Rights in South Tangerang, Banten for 2024 General Election – Exclusive Photos

by Chief editor of world-today-news.com February 14, 2024
written by Chief editor of world-today-news.com

South Tangerang –

Minister of Finance Sri Mulyani Indrawati today exercised her right to vote in the 2024 General Election (Pemilu). This democratic party once every five years determines the president and vice president, DPR, DPD, Provincial DPRD and Regency/City DPRD.

Based on monitoring detikcom, Wednesday (14/2/2024), Sri Mulyani and her husband came to TPS 73 on Jalan Mandar X Sector 3A, Bintaro Jaya, South Tangerang, Banten. They arrived around 09.00 WIB.

Sri Mulyani came with her husband, Tony Sumartono. The State Treasurer wore a black shirt, while her husband wore a white shirt with a hat. Sri Mulyani’s arrival was immediately welcomed by the head of the local RT and the neighbors who were waiting to greet him.

“Old and close neighbors but never met, I’m sorry,” said Sri Mulyani.

Sri Mulyani Indrawati Nyoblos Photo: Anisa Indraini

Arriving at the location, Sri Mulyani was immediately explained by officers and entered the voting booth.

When it was her turn to go to the voting booth, the former Managing Director of the World Bank used her voting rights alongside her husband. While voting he was muttering and saying bismillahirrahmanirrahim.

After they finished voting, they were again attacked by local people who were waiting to take selfies.

After satisfying the public’s desire to take selfies, Sri Mulyani immediately chatted with journalists before getting into the car and leaving TPS 73 which was at the Assalaam Mosque.

Sri Mulyani Indrawati Nyoblos Welcomed by Neighbors Photo: Anisa Indraini

(aid/fdl)

2024-02-14 02:34:30


#Sri #Mulyani #Votes #Bintaro #Husband #Welcomed #Neighbors

February 14, 2024 0 comments
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President Jokowi Receives Good News on World Oil Price Projections from Finance Minister Sri Mulyani
Business

President Jokowi Receives Good News on World Oil Price Projections from Finance Minister Sri Mulyani

by Chief editor of world-today-news.com December 23, 2023
written by Chief editor of world-today-news.com

Jakarta –

President Joko Widodo (Jokowi) admitted that he was whispered to by the Minister of Finance Sri Mulyani Indrawati regarding world oil price projections. According to Jokowi, the information from Sri Mulyani was good news which dispelled many concerns.

Initially Jokowi was talking about the conflict in the Middle East which would raise concerns about the global economy next year. According to him, if the war conflict between Israel and Hamas spreads further, world oil prices could experience an extraordinary increase.

Even so, Sri Mulyani has whispered about the prospects for world oil prices. He said, it is possible that oil prices will not fluctuate next year. This makes Jokowi happy.

“We know that the conflict in the Middle East can trigger an increase in global oil prices. Even though the Minister of Finance whispered to me earlier, ‘it doesn’t look like oil prices will rise again’. This is something we need to be grateful for,” explained Jokowi when giving directions. in Indonesia’s 2024 Economic Outlook, at St Regis, South Jakarta, Friday (22/12/2023).

According to him, Sri Mulyani had just attended a meeting of Islamic Development Bank (IDB) members. During the meeting, said Jokowi, he discussed the trend in world oil prices which did not appear to be volatile again.

He hopes that the fear of war in Gaza which will cause oil prices to rise will not happen in 2024.

“This means that our fears about the war in Gaza which will cause oil prices to rise will hopefully not come true,” concluded Jokowi.

2024 Year of Optimism

Jokowi also expressed his optimism about the economic conditions in Indonesia in 2024. According to him, the current economic indicator figures in Indonesia are very good.

“Entering 2024, we have no reason not to be optimistic. I call 2024 a year full of optimism. Why? Yes, we have the capital to be optimistic, both economically and politically,” said Jokowi.

From the economic sector, Jokowi explained that Indonesia’s large capital is welcoming 2024. First, throughout 2023 the Indonesian economy will grow at around 5%, much higher than the global average which only grows at 2.9%.

Then, the inflation indicator can also be maintained at 2.86%. This figure is much lower than the global inflation average of 7.2%.

Labor absorption also experienced a rapid increase, there was an additional labor absorption of 4.5 million people from August 2022 to 2023. Then, the manufacturing purchasing management index (PMI) index in November 2023 was still expansive at the level of 51.7 points. Furthermore, the trade balance also experienced a surplus for 43 consecutive months.

From the public’s perspective, the November consumer confidence index was also at 123.6 points, meaning that people have strong confidence in Indonesia’s economic conditions.

With these good economic conditions, Jokowi is confident that Indonesia’s economic growth will reach 5% in 2024.

“Therefore, once again there is no reason to be pessimistic entering 2024, I am still optimistic that our economic growth will be in the range of 5%,” said Jokowi.

Remember And Be Aware

Even though the projections are bright, Jokowi reminded all parties to remain careful and alert regarding the existing economic situation. He quoted a Javanese proverb regarding this warning.

“Javanese say stay alert and alert. You must remember to be careful and alert. Global uncertainty continues,” said Jokowi.

Some things to watch out for include the Middle East conflict which has triggered an increase in global oil prices. Jokowi also emphasized vigilance regarding food price estimates which could trigger inflation.

“Forecast prices for food commodities and other things are precisely what we are still careful about. I am a little worried about food commodities because yesterday’s super Elnino saw our production fall slightly, in 2024 it is estimated that it will not return to normal,” explained Jokowi.

Then also the weakening of China’s economy as Indonesia’s main trading partner must also be anticipated. Finally, he said that we should also be wary of tightening monetary policy in the United States, because it could suppress capital flows in developing countries and put pressure on financial stability.

According to him, sustainable policy consistency and mutual synergy between the government and the private sector are the main keys to maintaining economic growth. Indonesia must also consistently attract investment, both at home and abroad.

“Large businesses and small businesses. We must focus on investments that provide great added value, downstream investments in all leading sectors, including minerals, agriculture, fisheries and marine plantations,” concluded Jokowi.

(hal/hns)

2023-12-23 01:13:50
#Jokowi #Reveals #Sri #Mulyanis #Whispers #Relieved

December 23, 2023 0 comments
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Sri Mulyani’s Message to Her Successor Finance Minister: Work Well
Business

Sri Mulyani’s Message to Her Successor Finance Minister: Work Well

by Chief editor of world-today-news.com November 1, 2023
written by Chief editor of world-today-news.com

CNN Indonesia

Wednesday, 01 Nov 2023 19:00 WIB

Sri Mulyani gave a message to her successor finance minister after he was no longer in office. (REUTERS/KIM HONG-JI).

Jakarta, CNN Indonesia —

Sri Mulyani give a message to Minister of Finance his successor after he was no longer in office.

He didn’t give much advice, he just asked the figure who would become the next finance minister to work well.

He conveyed this in the Kompas100 CEO forum, Wednesday (1/11). In the forum, the moderator asked what message Sri Mulyani wanted to convey to the figure who would continue it.

“I said (message to) the next finance minister, yes, work fine,” he said.

Sri Mulyani explained that as finance minister, she often received suggestions to eliminate certain tax levies like in other countries. However, spending on various sectors actually increased.

“So we are confused, right? Revenue is asked to be reduced from taxes, but expenditure is asked to increase,” he said.

He said conditions like this could be a challenge for the next finance minister.

“It means you are going to face this constantly,” he said.

Sri Mulyani said that if the tax levy was eliminated it would not be profitable. According to him, not all countries can survive with this policy.

“There are countries that can survive. If I race to the bottomOn the one hand, revenue will decrease completely, the bureaucracy will ask for tukin (performance allowances) to increase, and ask for infrastructure to be built. So we are confused, right,” he said.

(sfr/sfr)

2023-11-01 12:00:23
#Sri #Mulyanis #message #future #successor #Minister #Finance #Work

November 1, 2023 0 comments
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