The newly installed tax chief is facing the growing challenge of low tax revenue collection as the country’s economy continues to grow at a snail’s pace, hitting businesses hard. President Joko “Jokowi” Widodo has picked Suryo Utomo, formerly expert staffer on tax compliance to Finance Minister Sri Mulyani Indrawati, as the new taxation director general. Sri Mulyani swore him in on Friday to replace outgoing Robert Pakpahan, who is set to retire. Suryo, 50, had served as the finance minister’s expert tax compliance staffer since 2015. He was the director of taxation regulation at the tax office between 2011 and 2012 and director of expansion and assessment in 2015. Center for Indonesia Taxation Analysis executive director Yustinus Prastowo welcomed Suryo’s appointment as tax chief, adding that the move highlighted Jokowi’s and Sri Mulyani&…
Indonesia records 2.68 percent January inflation using new formula
Indonesia recorded annual inflation of 2.68 percent in January in applying a new formula for calculating its consumer price index...