UNAIR Economics professor weighs in on 12% VAT increase
UNAIR NEWS – The Indonesian government is set to raise Value Added Tax (VAT) to 12%, effective January 1, 2025. This policy has sparked mixed reactions among experts and the public, particularly in light of the declining middle class and weakened purchasing power in Indonesia. Professor Rossanto Dwi Handoyo SE, MSi, PhD, an economist from […]
