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Indonesia might offer a second tax amnesty But how successful was the first?

JAKARTA (The Jakarta Post/ANN): With plans of a new tax amnesty resembling that of 2016, the government seeks to increase state revenue as a quick fix for a huge budget deficit caused by the coronavirus pandemic, but critics warn that a second programme may encourage tax evasion.

Indonesia not protectionist, will fight unfair trade: President

Indonesia not protectionist, will fight unfair trade: President 5th March 2021 President Joko Widodo said Indonesia believes in economic openness and cooperation, and said entrepreneurs need to tap the potential of the domestic market. Jakarta (ANTARA) - President Joko Widodo (Jokowi) has said that Indonesia will not adhere to protectionism, nor will it be a victim of unfair global trade practices or allow predatory pricing practices to hurt domestic MSMEs. I emphasize that we are not a nation that likes protectionism, no, because history has proven that protectionism is actually detrimental, Widodo said while opening the XVII National Working Meeting of the Indonesian Young Entrepreneurs Association (HIPMI) 2021 from the Bogor Presidential Palace on Friday.

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