- Economic and political turmoil in Indonesia
- Proposal to increase value-added tax (VAT) from 11% to 12% by Jan. 1, 2025
- Concerns about adding pressure to fragile sectors and leading to job cuts
- Need for careful reconsideration of VAT hike in current economic and social realities
- Importance of weighing potential impact against economic pressures faced by the populace
Source: thejakartapost.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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