Export Expected to Down by 19 Percent This Year

Monday, 09 November, 2009 | 17:21 WIB

TEMPO Interactive, Jakarta: Finance Department projected up to 19 percent decrease in total export value this year from last year, which was blamed on the global economic slowdown.

Finance Minister Sri Mulyani said export could be down between 15 and 19 percent in 2009 after opening the 39th meeting of Study Group on Asian Tax Administration and Research in Bali on Monday.

The department reported export value in September was down 6.75 percent to US$9.83 billion from August or 19.92 percent from September 2008.

Director General of Taxation Mochamad Tjiptardjo said tax revenue was targeted at Rp528 trillion this year, while the collected tax up to the third quarter this year was Rp377 trillion or 65.44 percent of this year's target.

NI LUH ARIE SL