Explain: Tugas Berat Sri Mulyani di Kabinet Prabowo

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00:00President-elect Prabowo Subianto asked Sri Mulyani Indrawati to be the finance minister again.

00:10It was revealed that Sri Mulyani had been fighting for the presidency of President-elect Prabowo Subianto

00:15on the way to South Jakarta on Monday night, October 14, 2024.

00:21Just like the other 48 people who came that day, Sri Mulyani got the opportunity to join the new cabinet.

00:28Prabowo plans to strengthen the finance ministry by placing three ministers.

00:32The three candidates were revealed when President-elect Thomas Jiwandono,

00:37Suhasil Nazara, and Anggito Abimanyu took office on October 15, 2024.

00:43Thomas expressed that one of the messages discussed was the optimization of state receipt.

00:48The way, among others, is to push for a receipt of taxes.

00:52Indonesia's tax ratio at the end of 2023 was only 10.21%, down from 10.39% in 2022.

01:00Next year, the tax ratio is targeted at 12.23%.

01:04In addition to state receipts, the financial ministry's challenge lies in spending management.

01:08Prabowo plans to increase the number of ministries.

01:10Of the 34 ministries currently, the new era of presidents will have 46 ministries.

01:16This means there is an additional burden for employee spending.

01:20In addition, the number of ministries will also increase the spending of ministries and institutions.

01:24In fact, the spending of ministries and institutions in the 2020 APBN has been increased to Rp 1,160.1 trillion.

01:31Previously, in the 2020 APBN era, the value was only Rp 976.8 trillion.

01:38Head of the Ministry of Budgetary Policy, State Income and State Spending,

01:41Minister of Finance, Wahyu Utomo said,

01:44the change was made to support the new government's excellent program.

01:48One of them is spending on free meal programs worth Rp 71 trillion.

01:55Prabowo has the option to pay back the APBN 2025 through the APBN change mechanism.

01:59According to the representative of the national campaign team for young voters, Prabowo Gibran Anggawira,

02:04Prabowo is likely to continue the APBN change to adjust the budget to the programs he promised during the campaign.

02:12The Director of the Center for Economic and Law Studies, Nailul Huda,

02:16reminded about the burden of spending that arises from the financing of programs in the new ministry.

02:21If you are not good at managing spending, the risk is to add debt.

02:25Huda hopes that the presence of a well-known mulani discipline in maintaining the budget deficit

02:29not exceeding 3% of domestic gross product can reduce the effort to add debt excessively.

02:36The head of the Josua Paridih Bank said,

02:39many foreign investors praise the mulani discipline in managing the budget.

02:44That's why the appearance of his name is quite surprising,

02:47because his attitude is backward with Prabowo,

02:49who had a plan to increase the debt ratio against the BDB to more than 50%.

02:55Joshua added other notes about the work of the new finance minister next year from the spending side.

03:01He said that they need to re-evaluate various incentive policies that exist.

03:06The government must ensure that the stimulus has an impact on the economy.

03:12In addition, he hopes that the government will be sensitive to the people.

03:16The increase in taxes must increase the ability of the people first.

03:20If there is a real weakness in purchasing power,

03:22plans such as increasing the additional tax rate can be postponed.

03:25The PPN rate will rise from 11% to 12% in 2025.

03:30The increase in PPN will have an impact on the purchasing power of consumers in certain commodities.

03:34What's more, the purchasing power of the people is weak.

03:39Meanwhile, the appearance of Sri Mulyani's name received a positive response from businessmen.

03:44The chairman of the Indonesian Business Association, Sinta Kamdhani,

03:47will be kind if the finance minister's chair does not replace the chairman.

03:51For the last 10 years, Sri Mulyani has proven to be able to manage macroeconomic stability.

03:56Sinta hopes that the finance minister in the Prabowo area

03:58can maintain and even improve the discipline and principles of caution in managing the PPN

04:04in accordance with international standards.

04:06Macro stability to an increase in competitiveness in fiscal policy is also a concern for entrepreneurs.

04:13On September 19, 2024, Sri Mulyani said that the country's income in 2025 was estimated to reach Rp 3,005.1 trillion,

04:22which is supported by a tax revenue of Rp 2,490.9 trillion

04:27and the country's non-tax revenue of Rp 513.6 trillion.

04:31He explained that the target of tax revenue in 2025 is supported by tax reform,

04:36an increase in the compliance of tax obligations, tax-based expansion,

04:40starting to have a Cortex system,

04:42as well as a tax system that is compatible with the direction of changing the economic structure of world tax policy.

04:57For more UN videos visit www.un.org

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