Tax Amnesty, Revised 2016 Budget, and Cabinet Reshuffle Rumors

Yet another victory for President Joko “Jokowi” Widodo. Yesterday (June 28), the House of Representatives (DPR) approved of the revised 2016 budget (RAPBN-P) and passed the Tax Amnesty Bill into law (with the PKS faction, the PDI-P faction, and the Democratic Party faction asking for their concerns to be noted nonetheless). What was interesting was that President Jokowi summoned the Minister of State-Owned Enterprises (SOEs) Rini Mariani Soemarno, the CEO of the state-owned electricity company PT PLN Sofyan Basir, and the CEO of the state-owned oil & gas company PT Pertamina Dwi Sucipto to the State Palace on the day before. Many began to wonder whether the President was preparing for a cabinet reshuffle. To subscribe please click here