KONTAN.CO.ID - JAKARTA. JAKARTA. Indonesia's Finance Minister, Sri Mulyani Indrawati, is hopeful that the country's credit rating will rise to a single A. However, Sri Mulyani stated that to reach this level, Indonesia's tax ratio, or tax ratio, needs to be improved. Understandably, Indonesia's current tax ratio is still not up to par and is low compared to other countries, such as those in the G-20. "We hope that one day Indonesia can soon achieve a single A. One of the requirements to become a Single A is that we can improve our tax ratio. And that is a hard task," said Sri Mulyani during a meeting with the Commission XI of the Indonesian House of Representatives, on Thursday (6/6).
Sri Mulyani Wants Indonesia's Credit Rating to Rise to Single A, Tax Ratio is the Key
KONTAN.CO.ID - JAKARTA. JAKARTA. Indonesia's Finance Minister, Sri Mulyani Indrawati, is hopeful that the country's credit rating will rise to a single A. However, Sri Mulyani stated that to reach this level, Indonesia's tax ratio, or tax ratio, needs to be improved. Understandably, Indonesia's current tax ratio is still not up to par and is low compared to other countries, such as those in the G-20. "We hope that one day Indonesia can soon achieve a single A. One of the requirements to become a Single A is that we can improve our tax ratio. And that is a hard task," said Sri Mulyani during a meeting with the Commission XI of the Indonesian House of Representatives, on Thursday (6/6).