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Normal rate of taxation in Indonesia corporate income is 25%. Companies that put a minimum of 40% of their shares to the public and are listed in the Indonesia Stock Exchange offer are taxed on 20%. Companies that have a gross turnover below 50 Billion (IDR) have a discount on 50% from the standard corporate income tax, in other words 12.5%.
In 2018, Indonesia's healthcare spending was US$38.3 billion, 4.18% of their GDP, and is expected to rise to US$51 billion in 2020. [2] In 2014, Indonesia introduced its universal healthcare program, the Jaminan Kesehatan Nasional (JKN), which is provided by BPJS Kesehatan (Badan Penyelenggara Jaminan Sosial Kesehatan, Health Social Security ...
Prabowo entertained the idea of Indonesia joining BRICS if it is advantageous for Indonesia's economy, citing BRICS' nature as an economic bloc, not a geopolitical one. [ 143 ] On 14 February 2024, in an unofficial report, Prabowo succeeded in leading three voting lines by getting 58% of the vote. [ 144 ]