Indonesia's Tax Revenues Jump in January, Finance Minister Says

TAX - JAKARTA. The Indonesian government's revenues showed signs of recovery in January, with tax receipts jumping 20.5% on a yearly basis to 138.9 trillion rupiah ($8.29 billion) after a sharp drop in refunds, the country's finance minister said on Wednesday.

Total revenues, which include payments for mining royalties, revenue shared by oil and gas contractors and other sources, stood at 172.7 trillion rupiah, up 9.8% from the same month last year, Minister Purbaya Yudhi Sadewa told a parliamentary hearing.