Jakarta (ANTARA News) - Finance Minister Agus Martowardojo said the government may revise downward its tax receipt forecast in the draft revised state budget to be proposed to the House of Representatives (DPR).

The target of non-tax state revenues might be revised upward, while the target of tax receipts might slightly be revised downward, he said here on Friday.

He said the forecast of macro assumptions related to the Indonesian Crude Price (ICP) in the revised state budget would also be corrected.

However, the government would continuously maintain a budget deficit of 1.5-3 percent as quoted in the state budget law, he said.

"In the past ten years we have never seen the deficit reaching 3 percent. We will always maintain the achievement," he said.

Director General of Taxation Fuad Rahmany said if the economy slowed down in 2012, state revenues from the taxation sector would be affected.

"If the growth declines it will automatically (reduce state revenues)," he said.

Likewise, if the economy slowed down, state revenues from value added tax and corporate income tax would decline, he said.

He said the Directorate General of Taxation would make an effort to increase the number of taxpayers to prevent the expected economic slowdown from affecting state revenues very much.

"State revenues may grow not only because of economic growth but also the increasing number of taxpayers," Fuad said.

Earlier, Coordinating Minister for Economic Affairs Hatta Rajasa said the government still had a chance to maintain the assumed economic growth of 6.7 percent in the state budget thank to the large domestic market. (*)

Editor: Kunto Wibisono
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