“The policy will continue to follow existing laws, such as the Law on the Harmonization of Tax Regulations (HPP Law) and other applicable legislation. So, will there be a new tax? No,” Sri Mulyani stated during the 2026 RAPBN and State Budget Note press conference in Jakarta on Friday.
Next year’s tax revenue is targeted at Rp2,357.7 trillion, which she acknowledged is a relatively high and ambitious figure.
Instead of seeking new external sources, Sri Mulyani said the government will focus on internal reforms, including the use of the Coretax system and enhanced data exchange synergy among ministries and agencies.
“These efforts will be further intensified. We see room for improvement across the three types of state revenue and through coordination with ministries and agencies. We are increasing the frequency of meetings to ensure the accuracy and timeliness of all collected data,” she said.
Additional measures include reforming the tax collection system for domestic and cross-border digital transactions, joint programs for data analysis, supervision, audits, intelligence, and tax compliance, as well as providing incentives to boost consumer spending, investment, and downstream industries.
She added that the tax revenue target also takes into account the 5.4 percent economic growth and 2.5 percent inflation assumptions in the 2026 RAPBN.
“With buoyancy (the elasticity of revenue to GDP) already close to 7–9 percent, the extra effort needed is around 5 percent through the measures I mentioned,” Sri Mulyani explained.
Alongside higher revenue targets, the government is also setting a higher tax ratio of 10.47 percent of gross domestic product (GDP) in 2026.
For comparison, the tax ratio stood at 10.31 percent in 2023, 10.08 percent in 2024, and is projected at 10.03 percent in 2025.
In addition to tax revenue, customs and excise revenue is targeted to grow by 7.7 percent to Rp334.3 trillion. Overall tax revenue in the 2026 RAPBN is set at Rp2,692 trillion, an increase of 12.8 percent.
Meanwhile, non-tax state revenue (PNBP) is targeted at Rp455 trillion, down 4.7 percent from the 2025 outlook.
This brings the total state revenue target to Rp3,147.7 trillion in 2026, a 9.8 percent increase, with the revenue-to-GDP ratio set at 12.24 percent.
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Translator: Imamatul Silfia, Primayanti
Editor: M Razi Rahman
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