Minister of Finance Sri Mulyani Indrawati brings good news for the Indonesian economy, after more than two years the Covid-19 pandemic hit. In the midst of the sloping transmission of the corona virus infection, the economy is now booming. "Activities in the area have started to normalize. Hotels are starting to recover, parking is starting to recover, restaurants are starting to recover," said Finance Minister Sri Mulyani Indrawati at a press conference in the May edition of our State Budget. 2022, earlier this week, quoted on Sunday (29/5/2022). One of the drivers of the domestic economy began to rise, as reflected in the receipt of Regional Taxes. Until April 2022, local taxes collected amounted to IDR 51.86 trillion, an increase compared to April 2021 which was IDR 50.49 trillion. As of April 2022, entertainment tax revenues jumped by more than 196% over the same period the previous year. Followed by hotel tax which grew by 83.06%, parking tax 37.3%, restaurant tax 37.29%, motor vehicle tax 14.12%, and BBNKB 12.18%.

The index of consumer confidence in economic conditions increased, indicated by the CPI in April 2022 of 113.1, higher than 111.0 in March 2022. In addition, there was the provision of THR, and the 13th salary was also proven to increase people's retail sales activities in the month of March. April is forecast to increase 6.8% (mtm) on a monthly basis. The increase in retail sales was contributed by the food, beverage and tobacco groups, the information and communication equipment group, and the clothing sub-group. Another good news, the April 2022 trade balance continued the trend of surplus (US$ 7.56 billion) for 24 consecutive months, increasing from the previous month. This realization was supported by exports which rose to US$ 27.32 billion and imports of US$ 19.76 billion. The surplus increased, especially in the non-oil and gas sector (natural resources commodities and manufacturing). "In the second quarter of 2022, various early indicators showed continued improvement in economic activity, as reflected in the positive growth in retail sales, the expansion of the Manufacturing Purchasing Managers' Index (PMI), as well as the realization of exports and imports that remained high, supported by increased mobility and financing. from banking," said BI Governor Perry Warjiyo on a separate occasion.

Source: https://www.law-justice.co/amp/131943/kabar-baik-dari-sri-mulyani-economy-ri-pulih-dengan-cepat/