Langsung ke konten utama

The implementation of fiscal policy reform in Indonesia

 

1.    

1.   Speak about fiscal policy reform means discuss in its wider spectrum to be used. This fiscal policy refers to all the methods used by a government to influence the economy through tax rates and government expenditures. In practice, the direction of Indonesia's fiscal policy in 2022 is focused on efforts to recover the economy and implement structural reforms. Moreover, the current post-economic economic conditions are starting to improve and progress is visible. The real economy sector is starting to reach the target little by little so that this has made business people run their business and their tax increases will increase. The following are three fiscal reforms implemented by the government, namely:

 

First, reform of the taxation sector. The government seeks to optimize state revenues, including taxation. Efforts to optimize it are with revenues that will be pursued through potential exploration and expansion of the tax base, increasing taxpayer compliance, as well as optimizing asset management and service innovation. The policy reform is also intended to make the tax system healthy and fair in the future. Healthy means effective as a policy instrument, optimal as a source of income, adaptive to changes in the structure and dynamics of the economy and fair means providing certainty of tax treatment, encouraging voluntary compliance by taxpayers, and creating a balance of tax burdens between income groups. and between sectors.

 

The second is about how to reform the budget. In this case, the government should try to make improvements through better spending that is carried out through controlling expenditure to be more efficient, productive, and produce a strong multiplier effect on the economy as well as being effective in protecting and improving welfare.

In addition, budget utilization will be focused on supporting priority programs, promoting the efficiency of basic needs, and maintaining results-based budget execution. Subsidy spending was changed from commodity-based to human-based to make it more effective and targeted.

 

Third, financing. Various measures are focused on encouraging flexible, prudent and innovative financing.

 

2.       Fiscal policy problem in the survey is about broadly over the next few years between 2010 and 2021, Indonesia has made progress in opening up public access to budget reports Public availability of budget documents in Indonesia, although the figure is 70 out of 100 on transparency This still has to be progressive and simultaneous every year. Based on the survey data, in 2010, 2012 and 2015, transparency data shows that in the first and final year components as well as pre-budget statements, it shows that the government does not open access to the availability of these budget documents.

 

 

3.       Fiscal policy reform priorities that can be carried out are:

 

     The government is trying to make improvements through controlling and improving the budget transparency through an open access and availability for public to display the government's balance sheet as part of the Executive's Budget Proposal and Enacted Budget showing information on the government's financial and non-financial assets for the budget year.

 

Government should Increase the information in the Executive's Budget Proposal and Enacted Budget related to fiscal risks, such as quasi-fiscal activities of public corporations, contingent liabilities, arrears, and analysis of the long-term sustainability of the government's finances.

 

Government should include information on the financial execution of budget programs in the In-Year Reports and Year-End Report. Report on the differences between the estimates and actual outcomes for performance indicators, such as non-financial data results, in the Year-End Report.

 


 

Komentar

Posting Komentar

Postingan populer dari blog ini

Lesson Learned Energy Crisis from Europe

The energy crisis has hit many countries in the world. Indonesia is no exception. Indonesia as part of the largest Asian country in the southeast has a role in maintaining its natural resources and other efforts to overcome the effects of the current crisis, coupled with the conflict between Russia and Ukraine.   An energy crisis is a shortage (or price increase) in the supply of energy resources to the economy. These crises usually point to a shortage of petroleum, electricity, or other natural resources. This crisis has had repercussions on the economy, with many recessions and others. The conditions currently experienced by Indonesia related to the energy crisis are starting to be felt, this of course has a negative and positive impact on Indonesia.   The negative impact is to encourage an increase in commodity prices including the price of fuel oil (BBM), LPG, and also the basic electricity tariff (TDL).The Russia-Ukrainian war became the source of the world's ene...
Posting Komentar
Baca selengkapnya

Mengapa Kesehatan Mental itu Penting Bagi Dunia Kerja

Sementara masalah kesehatan mental telah meningkat secara global selama bertahun-tahun, permulaan pandemi melihat peningkatan 25 persen dalam prevalensi kecemasan dan depresi di seluruh dunia. Di India saja, menurut survei baru-baru ini oleh Deloitte, 80 persen tenaga kerja dilaporkan memiliki masalah kesehatan mental pada tahun lalu. Dari jumlah tersebut, 47 persen menghubungkan kondisi mereka dengan stres terkait pekerjaan. Survei tersebut juga mengungkapkan bahwa sepertiga dari responden tetap bekerja meskipun kondisi mereka buruk dan sekitar 20 persen mengundurkan diri untuk mengatasi masalah mereka. Pengurangan, kehadiran, dan ketidakhadiran ini telah merugikan pengusaha India sekitar $ 14 miliar per tahun. Jadi, apa yang bisa dilakukan? Untungnya, banyak pengusaha sekarang yakin bahwa mendukung kesejahteraan mental karyawan adalah bagian penting dari bisnis mereka dan secara aktif bekerja untuk mengatasi tantangan kompleks ini dengan solusi yang mudah diterapkan. Berikut adalah t...
Posting Komentar
Baca selengkapnya

Karunia Bulan Ramadhan

Tidak terasa Bulan Ramadhan telah memasuki minggu ke-2. Semangat keimanan tetap membara hingga hari kemenangan tiba. Ujian menapaki bulan suci ini kian menukik jiwa dan mental dalam menggapai keridhoan-Nya. Namun, demikian, hal tersebut tidak membuatku jadi patah arang dalam menjalani hariku. Ramadhan telah mengajariku banyak hal, mulai dari kesabaran, kekuatan dan keikhlasan. Ditengah perjuanganku dibulan berkah ini, terdapat banyak hikmah yang dapat aku petik dan pelajari. Hal ini telah membuatku semakin teguh akan kasih sayang dan kehadiran Allah yang selalu bersamaku. Tanpa terkecuali dengan permasalahan hidup yang semakin pelik tidak hanya dibulan suci ini tetapi lika liku tantangan menjawab setiap permasalahan itu yang kian membuatku selalu yakin akan pertolongan Allah. Sebagai manusia, kita tentunya dihadapkan oleh seribu masalah. Ketika bangun tidur sampai kita hendak tidur lagi, masalah itu akan tetap ada. Namun, yang menjadi spesial pada bulan ini adalah peliknya masalah hadi...
Posting Komentar
Baca selengkapnya