00:00We go to the first information, the Minister of Economy, Erlang Gahartarto, together with 7 other ministers,
00:12held a coordination meeting with the Quick Win program, the economy sector in the government of Prabowo Subianto.
00:18The coordination meeting was held in a closed manner on Sunday morning.
00:24The ministers were Erlang Gahartarto, Bahlil Lahadalia, Eric Tohir, Agus Gumiwang, Yassir Lee,
00:37Rosan Roslani, and Widianti Putri.
00:46Some of the things discussed are the decision of the Constitutional Court on Employment and Employment Laws,
00:53such as the revision of the Employment Loss Insurance.
00:57Second, the export revenue deficit according to the direction of President Prabowo Subianto,
01:02where the government's regulations are being prepared.
01:06Third, related to priority incentives, which will soon be discussed with the Ministry of Finance,
01:11which is the government's responsibility.
01:14Meanwhile, from the Ministry of Industry, there are several programs related to import,
01:18import port facilities, and certain land gas prices for several industry sectors.
01:24The Ministry of Economy, Erlang Gahartarto, also stated that the government will form a new task force
01:29to discuss in detail several things that are of concern to the Ministry of Economy.
01:37Today's coordination, limited coordination, was carried out to proceed from the retreat in Magelang
01:47to discuss what was targeted by the President.
01:52And of course, from the results of this discussion, we will immediately report to the President.
02:01There are several things to be noted in today's meeting,
02:05namely, first, related to the decision of the Ministry of Employment,
02:10the government has asked to continue the decision of the Ministry of Employment
02:15related to employment,
02:21and the Minister of Employment will immediately prepare the regulations that will be pushed
02:29And in terms of tax holiday, it has just been approved by the Ministry of Finance
02:34because tax holiday has a very important role,
02:38the proportion is very, very large for incoming investment,
02:42it is more or less above 25%, above 25%.
02:46That's the first.
02:48The second is related to the existence of GMT, Global Minimum Tax,
02:53the rate is 15%, which has been done in many countries,
02:58more than 100 countries,
03:00and this has an impact on us, of course, on all countries,
03:07because now we have made adjustments,
03:11we state that indeed, if this Global Minimum Tax is implemented,
03:16if we do not reduce the tax rate by 15%, the countries involved will reduce it.
03:22So, the benefit is not in us.
03:25So, we have told this tax holiday recipient,
03:31if this is done, there will be adjustments,
03:34but you don't have to worry, because we can give incentives in other forms,
03:38incentives in other forms,
03:40which we have done the assessment,
03:44so we give it in other forms,
03:48so the tax holiday of 15% can be compensated in other forms.