DPR Endorses 12% VAT Hike to Fund RI President’s Key Initiatives

• DPR supports raising VAT from 11% to 12% to fund strategic government programs
• Said Abdullah of DPR’s Budget Agency announced the VAT increase will finance initiatives like free meals and health check-ups
• Funds will also support building hospitals, schools, and food storage facilities across various levels
• Abdullah emphasized the need for risk mitigation to protect lower and middle-class families from the VAT hike
• He suggested boosting budget for social protection to include vulnerable and near-poor families
• Timely and targeted execution of social programs is crucial
• Subsidies for public transport and housing for lower middle class are recommended
• Expansion of subsidies for fuel, LPG, and electricity to cover middle-class families is proposed
• Online motorcycle taxi drivers should receive fuel subsidies
• Abdullah advocates for broader subsidy coverage for the lower-middle class

Source: en.antaranews.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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