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“The federal government is at the moment focusing to make sure the provision and stabilization of power and meals costs within the nation,” Head of the Fiscal Coverage Company of the Finance Ministry, Febrio Kacaribu, said in Jakarta, Friday.
The dangers and dynamics of the worldwide economic system skilled steep escalation because of the battle between Russia and Ukraine and acceleration of the normalization of the financial coverage in developed international locations, particularly the USA.
These two elements resulted in a excessive spike in international commodity costs, particularly of power and meals commodities.
This situation in the end put strain on inflation in a number of international locations on the planet, together with Indonesia, resulting from which the federal government is targeted on guaranteeing the provision and stabilization of power and meals costs within the nation.
The federal government additionally goals to supply varied types of social safety to guard the poor and weak teams of individuals from the influence of rising costs.
To strengthen the availability of social help for the group, the federal government additionally encourages state income via the imposition of a carbon tax that will probably be applied on July 1, 2022.
Kacaribu affirmed that the Ministry of Finance was at the moment drafting technical guidelines to implement the carbon tax, corresponding to charges and bases for imposition, highway maps and strategies for calculating, gathering, paying or depositing, and reporting.
In the meantime, different rules, such because the emission restrict for the steam energy plant sub-sector and the procedures for implementing the financial worth of carbon in energy crops will probably be decided by the Ministry of Power and Mineral Sources.
Nonetheless, the principle goal behind imposing a carbon tax is just not solely to extend income but in addition as an instrument of local weather management in attaining sustainable financial progress, he said.
The imposition of a carbon tax is anticipated to vary the habits of financial gamers to modify to low-carbon inexperienced financial actions.
“This preparation is vital for us to achieve the objective in implementing carbon tax with optimum influence,” Kacaribu concluded.
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