The revision would apply not only to Mahakam Block but to all other oil and gas blocks that have expiring contracts, to ensure a smooth transition process and avoid production decline.
"Again, the main spirit of the tax amnesty program is how to bring home those huge funds placed overseas, whether through repatriation or declaration."
"With the tax amnesty, the upper-middle class can be more 'wow'. It was already beginning to rebound even without the tax amnesty program, and with it, it will be even better."
The President also gave specific instructions to 11 ministers, the National Armed Forces (TNI) Commander in Chief, and the head of the Investment Coordinating Board (BKPM).
Thomas told the participants of Indonesia’s plans to improve its investment climate, underlining on the serious efforts by government to reform systems.