CELIOS Calls for Wealth Tax on the Ultra-Rich in Review of Prabowo-Gibrans First Two Years
According to the 2026 State Budget Financial Note, Indonesias tax-to-GDP ratio has remained below 10% over the past decade.
According to the 2026 State Budget Financial Note, Indonesias tax-to-GDP ratio has remained below 10% over the past decade.
Prabowo also appointed Bahlil Lahadalia as Coordinating Minister for Downstreaming and Energy Transition. Bahlil will retain his position as minister of energy and mineral resources.
But an economist has questioned whether that position is realistic given the governments current revenue, which remains insufficient to finance its ambitious development plans.
The President said he understood the intention behind such reporting but declined to identify the media outlet he was referring to.
Executive Director of Indonesia Political Opinion, Dedi Kurnia Syah, said the direction of coalition-building for the 2029 election has yet to become clear.
UI student representatives also said the government has been denying current conditions while degrading public criticism and social movements.
Since taking office, Prabowo has travelled extensively across Asia, Europe, the Middle East, and the Americas, attending international summits, bilateral meetings, defence forums, and investment discussions.
ICW said the lack of publicly available data points to two possible scenarios.
The Antalya Diplomacy Forum, established by the Turkish government in 2020.
The two leaders are set to hold a bilateral meeting to explore potential areas of cooperation.