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.
He said the situation reflected serious problems in the governance of state-owned companies. Some SOEs, he argued, were operating without sufficient accountability to the state.
The President said he understood the intention behind such reporting but declined to identify the media outlet he was referring to.
State Secretary Prasetyo Hadi dismissed the reports ahead of a plenary cabinet meeting at the Presidential Palace in Jakarta on Monday.
Executive Director of Indonesia Political Opinion, Dedi Kurnia Syah, said the direction of coalition-building for the 2029 election has yet to become clear.
Megawati made the remarks while inaugurating the renovation of Istana Gebang and a statue of Sukarno in Blitar on Monday (15 June).
UI student representatives also said the government has been denying current conditions while degrading public criticism and social movements.
The reports come as investors closely monitor Indonesia's economic outlook, with the rupiah facing renewed pressure and policymakers seeking to maintain market confidence.
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.
The handover ceremony took place at the headquarters of the Attorney Generals Office of Indonesia in Jakarta, where stacks of cash were displayed prominently in the main courtyard.
ICW said the lack of publicly available data points to two possible scenarios.
It explicitly states that the Government of Indonesia will grant blanket overflight clearance for US aircraft for contingency operations, crisis response, and mutually agreed training activities.
At a party gathering in Jakarta, Zulkifli Hasan, chairman of the Partai Amanat Nasional, offered precisely that: thanks.
Prabowo highlighted the significant employment potential of the MBG programme.
The large-scale evaluation followed Prabowos direct inspections, as well as public feedback regarding the programmes implementation on the ground.
President Prabowo Subianto is exploring drastic government austerity measuresdrawing inspiration from Pakistan's recent "critical measures"to shield Indonesia from the economic fallout of ongoing global conflicts.
The additional fiscal transfers over US$625 million to the three provinces in Sumatra are expected to help regional governments manage the impacts of the disasters.
According to Lukman Hakim Saifuddin, Prabowo said the Palace would determine the mechanism for the independent investigation committee.