Sri Mulyani Pledges No Tax Increases in 2026 โas State revenueโฃ surpasses Rp 200 Trillion
Jakarta, Indonesia – April 30, 2025 – Indonesian Finance Minister Sri Mulyani Indrawati affirmed today that the โgovernment will not raise tax rates in 2026, despite a significant โsurgeโ in state revenue. Theโฃ commitment โขcomes as state deposits reached Rp 200 โฃtrillion (approximately $12.6 billion USD) at the end ofโ March,bolstering the nation’s fiscal position.
This assurance aims to provide stability for Indonesian taxpayers and businesses,โ signaling a โฃcontinued focus on economic growth โฃwithoutโฃ increasing the financial burden on those already contributing. According to a statement released by the Ministry of Finance, the โฃgovernment intends to maintain current tax policies while prioritizing assistance โขto vulnerable populations andโข thoseโ strugglingโ to meet their tax obligations. “Those who are obliged to pay taxesโฃ continue โtoโค pay taxes easily andโฃ obedientlyโฃ while those who are not able and still weak are helped to the maximum,” Indrawati โstated.The revenue increase is attributed โto aโ combination of factors, including improved tax compliance and a strengthening economy. The government’s strategy emphasizes a balance between maximizing revenue collection from capable taxpayers and โขproviding support to those facing economic hardship.โค This โapproach reflects โa broader commitment to inclusive growth and social welfare.
Indonesia’s tax system has undergone several reforms in recent years, aimed at broadeningโ the tax base and improvingโฃ efficiency. Theseโข efforts have contributed to the โฃrecent increase inโ state โrevenue, allowing the government to maintain its pledge of no new โtax increases โคin the coming year.