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Fiscal boost from tax amnesty puts Indonesia closer to S&P upgrade

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"There are still high-net worth individuals who didn't participate," said Ms Indrawati.

Jakarta

AFTER netting more than US$10 billion in revenue from its tax amnesty programme, Indonesia may be a step closer to winning a much-coveted investment grade from S&P Global Ratings.

The nine-month amnesty drive, which ended on Friday, led citizens to declare 4,866...

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