Indonesia Delays Carbon Tax Amid Rising Inflation
Jakarta – The government’s decision to delay carbon tax implementation by three months has come as a relief to Indonesia’s economy, which already had to cope with rising fuel, cooking oil, and soybean prices as well as a value-added tax rate that increased by one percentage point this month. Minister of Finance Sri Mulyani Indrawati told the lawmakers on […]
G20 encourages development of framework for financial transition
Jakarta – The second Sustainable Finance Working Group (SFWG) meeting under the G20 Indonesia Presidency encouraged the development of a framework for financial transition and to increase the credibility of financial institution commitments. “This includes transitional frameworks, case studies, and commitments of financial institutions, which focus on market practices,” Dian Lestari, Head of the Center […]