Encouraged Tax Revenue

Encouraged Tax Revenue
Instruct the House Budget Committee increased the tax revenue target to be pursued by the government in 2010 from its original plan Rp 702 trillion in the Draft State Budget 2010 was Rp 715.5 trillion in the final discussion on 2010 Budget Work Committee. With additional revenues, the 2010 budget deficit target could remain on hold at the level of 1.6 percent or Rp 98 trillion, so do not need more debt. Vice Chairman of the House Budget Committee and Coordinator of Macro Assumptions Working Committee, the State Revenue and Finance Budget 2010 Harry Azhar Azis, expressing it in Jakarta, Thursday (3 / 9), the Working Meeting with Minister of Finance and the Implementing Office Minister for Economy Sri Mulyani Indrawati and State Minister for National Development Planning Paskah Suzetta. With the addition of the tax revenue target, the state revenues and grants in Budget 2010 to Rp 948.2 trillion or an increase of Rp 38.1 trillion, compared to the target in the 2010 Budget (President submitted to the House of Representatives, August 3, 2009) worth Rp 910.1 trillion.
To achieve these targets, the ratio between tax revenue and the gross domestic product (tax ratio) in 2010 increased from 12.1 per cent of its original plan to 12.2 percent.
The nominal gross domestic product is the basis for calculating the tax revenue declined from the original plan of Rp 6050 trillion to Rp 5981.37 trillion, or lower around Rp 68.68 trillion.

Inflation rate unchanged

Working Committee to change the economic growth target next year from 5 percent to be 5.5 percent, but with a fixed inflation rate targeted 5 percent.

Thus, the natural growth target in 2010 tax revenues will increase from 10 percent of its original plan to 10.5 percent.

Previously, the government is targeting total tax revenue growth of 21 percent. Directorate General of Taxes and the Directorate General of Customs and Excise still must make additional efforts to increase tax revenue growth of 10.5 per cent to the growth targets are achieved.

Meanwhile, state revenues derived from international trade transactions (both exports and imports) is targeted to increase to Rp 27.2 trillion, up USD 100 billion compared to an initial target of Rp 27.1 trillion. Revenue is derived from customs and import duties out of goods and services.

The target non-tax revenues (non-tax revenues) increased to Rp 205.4 trillion, compared to the 2010 State Budget of Rp 180.9 trillion.

Sri Mulyani asked the Budget Committee noted that the reserve fund has not been determined pengalokasiannya in Budget 2010.

Budget reserve fund in 2010 was too small, ie USD 5.6 trillion, while the year 2009 amounting to Rp 15.8 trillion.

Significant reserve funds allocated in the budget to anticipate the possibility of a threat of economic instability that could push the state budget in 2010.

For example, the uncertainty of crude oil price movements and exchange rates between countries that are not stable.

"In 2010, economic conditions still fragile, so the risk of changes in macroeconomic assumptions were still open. It requires the support of the reserve fund fiscal risks, "said Sri Mulyani