{"id":105299,"date":"2017-01-04T12:00:17","date_gmt":"2017-01-04T05:00:17","guid":{"rendered":"https:\/\/setkab.go.id\/?p=105299"},"modified":"2017-01-04T16:14:06","modified_gmt":"2017-01-04T09:14:06","slug":"tax-amnesty-contributes-rp107-trillion-to-state-revenue","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/tax-amnesty-contributes-rp107-trillion-to-state-revenue\/","title":{"rendered":"Tax Amnesty Contributes Rp107 Trillion to State Revenue"},"content":{"rendered":"<div id=\"attachment_105300\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2017\/01\/Realisasi-APBNP-300x158-1.jpg\" rel=\"attachment wp-att-105300\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-105300\" class=\"size-medium wp-image-105300\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2017\/01\/Realisasi-APBNP-300x158-1-300x158.jpg\" alt=\"Finance Minister Sri Mulyani Indrawati accompanied by High-ranking Officials of the Ministry of Finance delivered the 2016 Revised State Budget (APBNP) realization, in the Juanda Hall of the Ministry of Finance, Jakarta, Tuesday (3\/1) afternoon\" width=\"300\" height=\"158\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2017\/01\/Realisasi-APBNP-300x158-1.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2017\/01\/Realisasi-APBNP-300x158-1-150x79.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-105300\" class=\"wp-caption-text\">Finance Minister Sri Mulyani Indrawati accompanied by High-ranking Officials of the Ministry of Finance delivered the 2016 Revised State Budget (APBNP) realization, in the Juanda Hall of the Ministry of Finance, Jakarta, Tuesday (3\/1) afternoon<\/p><\/div>\n<p>Minister of Finance Sri Mulyani Indrawati said that despite the macroeconomic conditions in 2016, both the global economic slowdown and economic conditions in the country that has not fully recovered, the deficit of the 2016 Revised \u00a0State Budget (APBNP) remained under control at a safe level of 2.46 percent of the GDP or Rp307.7 trillion.<\/p>\n<p>&#8220;The realized temporary deficit is higher than the target in the 2016 APBNP, amounting to Rp296.7 trillion (2.35 percent of the GDP),&#8221; the Minister said at a press conference at the Juanda Hall 1 of the Ministry of Finance, Jakarta, Tuesday (3\/1 ) afternoon. <!--more--><\/p>\n<p>Such deficit is the excess of the realized temporary state revenues in the 2016 APBNP worth Rp 1,551.8 trillion (86.9 percent), and the realized temporary state expenditure amounted to Rp1,859.5 trillion (89.3 trillion).<\/p>\n<p>In detail, the Minister explained that the realized state revenue was derived from tax revenue amounting to Rp1,283.6 trillion (83.4 percent of the APBNP targets) and Non-Tax State Revenues (PNBP) of Rp262.4 trillion (107.0 percent of the APBNP target). Meanwhile, the realized state expenditure comprises central government spending worth Rp1,148.6 trillion (87.9 percent of the APBNP target) and transfers to the regions and village funds amounting to Rp710.9 trillion (91.6 percent of the APBNP targets).<\/p>\n<p><strong>Tax Amnesty Factors<\/strong><\/p>\n<p><a href=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2017\/01\/Realisasi-2-300x234-1.jpg\" rel=\"attachment wp-att-105301\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-105301\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2017\/01\/Realisasi-2-300x234-1-300x234.jpg\" alt=\"Realisasi-2-300x234\" width=\"300\" height=\"234\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2017\/01\/Realisasi-2-300x234-1.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2017\/01\/Realisasi-2-300x234-1-150x117.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>When it comes to the realized tax revenue that is lower than the target in the 2016 Revised State Budget, according to Finance Minister Sri Mulyani Indrawati, it is affected by lower economic growth in 2016 compared with the 2016 Revised State Budget assumptions and commodity prices which have yet to recover. &#8220;However, if compared with 2015, tax revenue performance in 2016 has increased by 3.5 percent. It is mainly driven by the tax growth in the non-oil sector of about 14 percent over the previous year,&#8221; the Minister said.<\/p>\n<p>She mentioned the increase in tax revenue cannot be separated from the successful tax amnesty program. The revenue of repatriated funds derived from tax amnesty reached Rp107 trillion. &#8220;The outcomes of tax amnesty program is expected to be able to increase the tax ratio in the medium term through the increasing tax compliance as well as the expansion of a more valid, comprehensive, and integrated taxation data base,&#8221; Sri Mulyani said while adding that tax amnesty program will continue until March 2017.<\/p>\n<p>On the other hand, according to the Minister, the realized temporary spending of the Ministries\/Institutions (K\/L) reached Rp677.6 trillion (88.3 percent against the 2016 Revised State Budget ceiling). If compared with the outlook after the savings (including natural savings), the Minister further explained, the performance of budget absorption of the K\/L reached 100.8 percent. &#8220;This realization is higher than budget spending in 2015 at 92.0 percent,&#8221; the Minister said.<\/p>\n<p>Finance Minister considered that the improvement of the realized expenditures of the K\/L reflects the improvements in the budget implementation since early 2016. Besides, the performance of budget absorption of the K\/L is also influenced by the policy of accelerated implementation activities including early auctions which runs effectively, reflected in monthly improved absorption which is higher compared with previous years.<\/p>\n<p>The Minister added that the realized temporary budget financing reached Rp330.3 trillion or 111.3 percent of the 2016 Revised State Budget. Such realized budget financing consists of debt financing worth Rp393.6 trillion and non-financing debt of minus Rp63.3 trillion.<\/p>\n<p>Based on the realized temporary budget deficit of Rp307.7 trillion and the realized temporary budget financing reached Rp330,3 trillion, according to the Minister, the amount of unused funds (SiLPA) from the implementation of the 2016 Revised \u00a0State Budget amounted to 22.7 trillion.<\/p>\n<p>&#8220;Accordingly, the Government has been able to manage the implementation of the 2016 Revised State Budget in a credible manner through measures to increase state revenue and expenditure efficiently and effectively in order to meet national development goals, that is, to realize a just and prosperous society,&#8221; the Minister concluded.<\/p>\n<p>(RMI\/Bureau of Public Relations and Information, Ministry of Finance\/ES) (MUR\/MMB\/YM\/Naster).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister of Finance Sri Mulyani Indrawati said that despite the macroeconomic conditions in 2016, both the global economic slowdown and economic conditions in the country that has not fully recovered, the deficit of the 2016 Revised \u00a0State Budget (APBNP) remained under control at a safe level of 2.46 percent of the GDP or Rp307.7 trillion. [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":105300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-105299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tax Amnesty Contributes Rp107 Trillion to State Revenue - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/tax-amnesty-contributes-rp107-trillion-to-state-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax Amnesty Contributes Rp107 Trillion to State Revenue - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"Minister of Finance Sri Mulyani Indrawati said that despite the macroeconomic conditions in 2016, both the global economic slowdown and economic conditions in the country that has not fully recovered, the deficit of the 2016 Revised \u00a0State Budget (APBNP) remained under control at a safe level of 2.46 percent of the GDP or Rp307.7 trillion. 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