Indeed, the impact of the economic slowdown is challenging. International trade, in particular, has become our concern.
Jakarta (ANTARA) - The 2023 customs and excise revenue target has been revised downward to Rp303.19 trillion (US$20 billion) on account of global economic slowdown concerns, according to the Finance Ministry.

The realization of the customs and excise revenue reached Rp317.78 trillion (US$21 billion) in 2022, the ministry added.

"Indeed, the impact of the economic slowdown is challenging. International trade, in particular, has become our concern," director general of customs and excise at the Finance Ministry, Askolani, said during a meeting with Commission XI of the House of Representatives, which was accessed from here on Tuesday.

There are nine policies that will be implemented in 2023 to reach or even exceed the target, he informed.
They involve encouraging the development of a national logistics ecosystem (National Logistic Ecosystem/NLE) and improving the effectiveness of pre-clearance, clearance, and post-clearance.

The policies also include harmonizing policies on banned goods, improving global cooperation, carrying out extensification and intensification of excise, managing human resources, integrating business processes with information technology, sorting out institutions, and ensuring efficient receipt of customs and excise services.

Askolani said that the target for customs revenue in the 2023 state budget covers Rp47.53 trillion (US$3.1 billion) in import duties, Rp10.21 trillion (US$673 million) in export duties, and Rp245.45 trillion (US$16 billion) in excise.

The import duty target is lower than last year's realization of Rp51.07 trillion (US$3.4 billion) due to concerns about a decrease in imports, which would, in turn, affect import duties.

There has been a significant reduction in the export duty target compared to the realization of Rp39.82 trillion (US$2.6 billion) on account of the price of crude palm oil, which is projected to drop far below US$1,000 per ton in 2023. The previous year, it was valued at more than US$1,400.

Askolani further said that there would be a positive impact from the restrictions on natural resources exports, which are expected to better establish downstreaming.

"By providing added value, of course, it will have extensive benefits, in terms of industrial workers and others. So it's not only for export duties, but also for taxes and the economy," he explained.

He said that the increase in the excise tax target, which was set at Rp226.88 trillion (US$15 billion) last year, is in accordance with the policy for 2023.

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Translator: Agatha Olivia V, Mecca Yumna
Editor: Tia Mutiasari
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