President Prabowo’s administration, with Finance Minister Sri Mulyani at the helm, has set one of the most ambitious tax targets in Indonesia’s history. In the 2026 draft state budget (RAPBN), the government aims to collect Rp2,357.7 trillion in taxes—an increase of 13.5 percent from the previous year. The tax ratio is expected to reach nearly 10 percent of GDP. To subscribe please click here
