Kamis, Oktober 25, 2018

Govt. Deliberates Introduction of New Incentives in Bid to Bolster Export Activity

Indonesia’s exports are currently being outstripped by its imports, and this situation is leading to a balance of trade deficit. In order to resolve this issue, the government is planning to introduce a number of new incentives in a bid to bolster the country’s exports.
However, Minister of Trade, Enggartiasto Lukita, has stated that he remains uncertain as to the types of incentive that will ultimately be offered to factories, businesses and industries in order to encourage greater amounts of export activities. Therefore, the government is set to hold a meeting in order to determine which incentives will prove most effective.
According to the Head of the Chamber of Commerce and Industry (Kadin), Rosan Roeslani, fiscal incentives and tax reductions for industries which are involved in the processing goods for export purposes will probably be the most effective way of reducing the current account deficit. (ANT)

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

Professional Solutions

University Solutions

Pro

Rp 5.000.000 /bulan

Lihat Detail

Pro AI

Terfavorit

Rp 8.200.000 /bulan

Lihat Detail

Pro Compliance

New

Rp 12.500.000 /bulan

Lihat Detail

*Syarat dan ketentuan berlaku

Indonesia’s exports are currently being outstripped by its imports, and this situation is leading to a balance of trade deficit. In order to resolve this issue, the government is planning to introduce a number of new incentives in a bid to bolster the country’s exports.
However, Minister of Trade, Enggartiasto Lukita, has stated that he remains uncertain as to the types of incentive that will ultimately be offered to factories, businesses and industries in order to encourage greater amounts of export activities. Therefore, the government is set to hold a meeting in order to determine which incentives will prove most effective.
According to the Head of the Chamber of Commerce and Industry (Kadin), Rosan Roeslani, fiscal incentives and tax reductions for industries which are involved in the processing goods for export purposes will probably be the most effective way of reducing the current account deficit. (ANT)

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

Professional Solutions

University Solutions

Pro

Rp 5.000.000 /bulan