Bapanas Halts Official Trips Following Rp. 191 Billion Budget Cut

Bapanas Halts Official Trips Following Rp. 191 Billion Budget Cut

Jakarta Implements Drastic‌ Budget Cuts: National Food Agency Faces 60% Reduction In a bold move to streamline government spending, President​ Prabowo Subianto has ordered ministries and institutions to⁢ implement significant budget efficiency measures. Among the most affected is the National Food Agency (Bapanas), which has‌ seen its budget slashed by 60%. ‍ Head of Bapanas,⁢ … Read more

12% VAT on This Specific Type of Rice: What You Need to Know

12% VAT on This Specific Type of Rice: What You Need to Know

IndonesiaS Rice⁣ Remains Exempt ⁤from VAT Hike indonesia’s planned increase in Value ‌Added Tax (VAT) from 11% to 12%, effective next year,⁤ will not impact the price of domestically produced rice, according to the National Food Agency (NFA). The NFA head,Arief Prasetyo Adi,clarified that the VAT increase will⁢ only ⁤apply to imported rice,particularly premium varieties … Read more